Share markets remained rangebound yesterday and barring consumer durables and IT, all sectoral indices closed negative. Interest rate sensitive sectors like banking, auto and realty were beaten down for the second consecutive day and were among the top losers in today's session. The Sensex closed at 18432, down 86 points from its previous close, and the Nifty shut shop at 5547, down 28 points.
Share market on thursday is considered to be bearish , long term share traders are advised to hold their positions and play safe keeping strict stop loss. Intraday share market on thursday seems to be very edgy and volatility continues. Following are the technical levels of Nifty today
NIFTY SUPPORT AND RESISTANCE :-
RESISTANCE :- First resistance for nifty is at 5562-67 level.Next resistance is at 5582-85 level
SUPPORT :- On downside first support is at 5523-17 level.Next support is at 5495-91 level.Next support is at 5477-73 level
NIFTY SUPPORT AND RESISTANCE :-
RESISTANCE :- First resistance for nifty is at 5562-67 level.Next resistance is at 5582-85 level
SUPPORT :- On downside first support is at 5523-17 level.Next support is at 5495-91 level.Next support is at 5477-73 level
INTRADAY SHARE TIPS FOR THURSDAY 28 JULY :-
Following are some buy and sell intraday share tips for thursday 28 july, please have a look
1. SELL PNB with a target of Rs 1066 and stop loss of Rs 1160
2. BUY bank of maharashtra , target of rs 110
2. BUY bank of maharashtra , target of rs 110
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