Share Market Watch Today: 4th Oct 2012
The Indian share market consolidated on Wednesday. The Sensex closed at 18,869.69, up 45.78 points or 0.24%. The
Nifty shut shop at 5,733.65, up 14.85 points or 0.26%. Today
Indian share markets are expected to open on positive note but on higher side nifty will continue to see stiff resistance around 5760-5800 levels. On higher side 5800 call option has seen maximum writing and that will continue to be as strong supply zone for indices in short term whereas on downside 5620-5580 will act as a support zone for nifty indices. For the bank nifty range 11490 –11518 levels are likely to act as resistance and 11360 – 11320 levels are likely to act as support for today's
nifty market.
Resistance Level For Nifty : 5760 - 5800
Support Level For Nifty : 5620 - 5580
Intraday share Market Tips
BUY Mahindra -and- Mahindra Financial Services Ltd.
Intraday Target 910
Stop Loss 880
BUY Bharti Airtel Ltd.
Intraday Target 280
Stop Loss 267
BUY Gujarat Gas Company Ltd.
IntradayTarget 310
Stop Loss 296
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