DAILY NIFTY MARKET ANALYSIS 18/10/2013
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chavi verma
Oct 18, 2013, 5:36:05 AM10/18/13
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MARKET ANALYSIS
The Nifty extended intraday losses and closed below 6,050 level taking
cues from weak European markets and as bulls took a breather after last
week rally.
The 50-share index ended at 6045.85, down 43.20 points or 0.71 per cent.
The index touched intraday high of 6,110.75 and a low of 6,032.55.
The foreign institutional investors bought shares worth Rs 1,136.23
crore while domestic institutional investors were net sellers worth Rs
1,035.34 crore on Tuesday as per the provisional data from the National
Stock Exchange.
DAILY PIVOTS
INDEX S1 S2 PP R1 R2
NIFTY 6010 5982 6060 6090 6140
BANK NIFTY 10268 10200 10342 10410 10484
NIFTY 6010 5982 6060 6090 6140
BANK NIFTY 10268 10200 10342 10410 10484
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