8th March, 2013
Market continued its upward journey for the forth day. Nifty ended at 5945.7 after gaining 82.4 points and Sensex gained 252.32 points to end at 19665.86.
In Nifty50 stocks, Jindalstel gained the most by 5.7% to end at 367.15 whereas Maruti was the top loser by 1.29% which ended at 1430.6.
Nifty Outlook :
As Nifty (Mar.Fut.) has given a breakout above 5892 and ended at 5965.85. Thus, the short term positional trend became bullish and can lead to make a new high in coming months.Immediate levels to watch are 5980 and 6140 to sustain above. The downside is protected to 5690 as a weekly closing.
Market continued its upward journey for the forth day. Nifty ended at 5945.7 after gaining 82.4 points and Sensex gained 252.32 points to end at 19665.86.
In Nifty50 stocks, Jindalstel gained the most by 5.7% to end at 367.15 whereas Maruti was the top loser by 1.29% which ended at 1430.6.
Nifty Outlook :
As Nifty (Mar.Fut.) has given a breakout above 5892 and ended at 5965.85. Thus, the short term positional trend became bullish and can lead to make a new high in coming months.Immediate levels to watch are 5980 and 6140 to sustain above. The downside is protected to 5690 as a weekly closing.
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