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SURE SHOT CALLS

Friday 11 March 2016

10 March Sensex Nifty remained dragged, Nifty Resistance and Support levels

stock market news
The Indian Equity market continued to dragged in morning trade on Thursday, down by Capital goods, IT and metals. The Sensex is down 235.87 points or 0.95% at 24558.09, and The Nifty index is decline 59.25 points or 0.79% at 7472.55. About 1066 shares have advanced, 950 shares declined and 123 shares are unchanged. 

Intraday Nifty Resistance levels- 
R1   7571 
R2   7584 
R3   7603 
R4   7656 

Intraday Nifty Support levels- 
S1   7493 
S2   7480 
S3   7461 
S4   7408 

Crude Oil- Oil price most of the previous day’s strong gains today, but while a dipping in US gasoline stockpiles fuelled hops for an increasing demand, trader stay anxious over the long-running supply overabundance. 

Nifty Top Gainers- Hindalco 4.81%, Cairn 4.57%, VEDL 2.62%, Maruti 1.50%, Cipla 1.45%, Tech-mahindra 1.31%, Tata power 1.02%, NTPC 0.91%, Tata Steel 0.85%, HCL Tech 0.70%. 

Nifty Top Losers- Infosys 2.87%, BHEL 2.65%, Reliance 2.40%, Bank of baroda 2.06%, LT 1.61%, ITC 1.55%, Ambuja Cements 1.44%, TCS 1.41%, SBIN 1.12%, Dr. Reddy’s 1.10%.

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