Friday, March 9, 2012
Stock market Uptrend rally | Intraday Tips For 12 March 2012
Intraday Stock Market uptrend rally:-Intraday stock market stopped its trading session with uptrend as both intraday stock market indices closed at green zone in that stock market performed well.Global cues and the short covering were the main two motivator factors that made the uptrend rally.On weekly basis stock market closed with some loss but due to today's tarding session it try to recover.
Intraday stock tips For Monday:-Next week stock market will have so much volatility in it due to major events like monetary policy review and Union budget release.So Intraday sentiments are depends on these events.
Nifty Trend Today:- Nifty had the positive rally today and closed with up 113 points at 5334.
Nifty level for 12 March 2012:-Nifty has resistance at 5377 if this will break then next resistance level will be 5498 and support at 5255 is this will break then next support level at 5134 and has the pivot level at 5299.
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