Market Mirror 18'th April 2011
SGX Nifty is trading 8 points up. Nifty has support at 5800,5780 level. Market's undertone will be positive but as day progress selling will emerge. INDIA VIX index was up 6% on Friday. Nifty may close around 5800 level loosing 20-25 points on closing basis.
Sectorial Impact..............
- Nifty will be negative if nifty breaks 5780. Nifty has a strong support 5800,5780. Reliance will be weak today.
- Software shares might be positive after heavy selling on Friday.
- Telecom shares will see profit booking....
- Steel & Banking shares will be negative trades.....
Tata Steel ADVANCE SCIENTIFIC Chart 18'th April 2011:-
(Forecasting to happen during Trading Hours,Chart published before market opens)
Tata Steel ADVANCE SCIENTIFIC Chart 19'th April 2011:-
(Forecasting to happen during Trading Hours,Chart published before market opens)
(Forecasting to happen during Trading Hours,Chart published before market opens)
Bye............
Nishant Jani
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