MARKET LIVE UPDATES FOR TODAY

Stock market gain the pace in last trading session for today sensex start is trading at  17127, up 132 points from its previous close, and the Nifty is at 5173, up 45 points.at 3 pm.

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 In the last half an hour market is tarding in range bound.The Sensex is trading at 16526, down 31 points from its previous close, and the Nifty is at 4971, down 8 points.

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Nifty Tips | support and Resistance level For 18 May

Nifty has 5400-5350 Support level.

and 5580 Resistance level.

Sensex has 18032-17792 level.

and 18300 Resistance level.

As of now we are in bearish mode and if market remains below 5400 nifty level, than we can also see level of 5360-5250 where deep support occurs. As we can see Nifty and Sensex are encountering a number of negative factors and that is the reason volumes are low in the market. However irrespective of the condition in the market day traders can trade with the sure tips trading tips which yields handsome dividend in volatile markets. The returns are all the more higher in more volatile market. The market undercurrent remains weak, but volume-based recovery from the day’s low and the close of 5,450 hints at a minor recovery tomorrow.

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Nifty Trend For Today | Market Trend For 21 April

Today Nifty has 5815-5800-5,790-5767-5735 support level and  5900-5915-6030  Resistance Level.
And Sensex has 19300 support Level and 19650 Resistance Level.
Indian market have provided a surprise relief rally and credit for same goes to smart HCL tech result and add to it we had positive set of cues from global peers. HCL tech reported robust Q3 earnings and forecast improvement in margins in the April-June quarter.  Moreover good news in form of normal monsoon forecast, also supported the market. The sector which is affected a lot on monsoons is the financial sector as its prospects depends a lot on farm output in the country and this is determined by rain forecast.  Now we need to watch TCS with its result round the corner and we are expecting good results and thus tone of the market will remain positive.

Companies named in 2G telecom scandal suffered due to Court rejecting bail pleas of their executives.   Accused are Sanjay Chandra, Vinod Goenka and 3 Reliance ADAG Executives. ADAG executives are Gautam Doshi, Hari Nair and Surendra Pipara. Overall market breadth was positive with 1962 advances against 951 declines. Do remember to check the hot stocks and make money as real movement in Nifty will be seen as and when Nifty crosses Laxman Rekha of 5900 which will take the rally to the level of 5980. However keep an eye on level of 5735 which if broken means that down trend will again commence in the market. TCS has been performing better on a relative basis than Infosys for a sometime and we believe that rally should continue tomorrow.


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