Wednesday, August 8, 2012

NIFTY FUTURES TREND - NIFTY TOMORROW 9 Aug

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Indian share market today played volatile. Realty, banking and capital goods were the biggest losers in today's session while auto and metal closed with significant gains. The Sensex closed at 17601, down 1 point from its previous close, and the Nifty shut shop at 5338, up 1 point. The CNX Midcap index was down 0.3% while the BSE Smallcap index lost 0.4% in today's trade. The market breadth was negative with advances at 582 against declines of 873 on the NSE. The top Nifty gainers were M&M, BPCL, Hindalco and Grasim while the biggest losers included Bharti, GAIL, DLF and PNB.

NIFTY TECHNICAL OUTLOOK TOMORROW 9 Aug

Nifty has first support level at 5335 and last support level at 5287,it has resistance level at 5383 and last resistance level at 5431 with pivot level of 5364. 

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