[Raahi Shah]

Recap:

The markets gained quite significantly yesterday with both benchmark indices closing with more than 3% gains. All sectoral indices closed positive with banking outperforming all other sectors. Other lead gainers included consumer durables, oil & gas, auto, IT and metal. The Sensex closed at 15685, up 510 points from its previous close, and the Nifty shut shop at 4693, up 149 points. The CNX Midcap index closed with 1.4% gain

Nifty Gainers - The top Nifty gainers were Sesa Goa, RCom, ICICI Bank and Tata Power

Nifty Losers - The biggest losers included IDFC, HCL Tech, Sun Pharma and Dr Reddy.

CS WORLD MARKET UPDATE:

SGX NIFTY UP+150,

HANG SENG DOWN -60,

NIKKEI DOWN -30,

DOW UP +4,

NASDAQ DOWN -25,

CS GOOD MORNING NIFTY SPOT LEVELS:

TREND: BEARISH

SUP1: 4645

SUP2: 4595

RESIST1: 4750

RESIST2: 4825

CS BANK NIFTY FUTURE LEVELS:

TREND-BEARISH

SUP1:8150

SUP2:8050

RESIST1:8350

RESIST2:8465

[rockwelltrading]

Ohhh that was nice research..


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Scott Denifier