Thursday, May 24, 2012

Stock market Updates with Nifty range tomorrow 24 May 2012

Stock market updates :- After a long gap market closed at positive mood,both intraday stock market indice trading at green zone due to strong buying in Oil,gas and banking sectors.Hike in petrol price and European market gains made the market pull back mood.the sentiment seems to have turned bullish on expectations of price hike in diesel and LPG which will help reduce subsidy burden and lower fiscal deficit as well.For tomorrow market is expecting up opening. 
Nifty range :- support - 4848/ 4736  resistance - 4960 / 5072 pivot point – 4886 

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