Stock market Tips | Shares tips | Nifty Tips | Online Stock Trading | make Money in Indian Stock Market
Click Here to Get Free Stock Market Tips in Email
Market breadth is positive with 1761 gainers versus 1097 decliners. Forecast-beating U.S jobs report, a modest rise in consumer credit and expectations that Greece will get assistance from euro-zone governments, also helped lift investor confidence in the economic recovery and boosted demand for higher-yielding risky assets. Analysis of derivative segment data suggests that 6.49 lakh shares were added in open interest with decrease in the cost of carry, indicating short position building up at higher levels. On the option front, implied volatility has increased marginally, indicating that the market will consolidate for sometime within 5000-5150 range.
Indices | Support | Resistance |
Nifty | 5069-5029 | 5126-5176 |
Sensex | 16919 | 17275 |
Click Here to Get Super Duper Profit: Subscribe for Jackpot Call
Click Here to Subscribe for Day Trading Tips Plan
Click Here to Subscribe for Future and Option Tips Plan
Subscribers Click on Specified Newsletter by Clicking on the Link and entering Password to Access Money Making Tips.
- Lyondell files restructuring, rejects Reliance bid.
- NMDC $3 bln shr sale priced at 300-350 rupees/share. The government will sell an 8.38 percent stake in NMDC. The sale opens on March 10 and closes on March 12.
- Exide Industries launches $120 mln share sale.
- AIG sells an insurance group to rival MetLife for $15.5bn, as it continues to raise funds to pay off a federal bail-out.
- The US eases sanctions on Iran, Cuba and Sudan to allow the export of web services that help the spread of information.
Click Here to Get Free F&O Tips in Email