Friday, September 6, 2013

NIFTY SUPPORT AND RESISTANCE ( 06 Sept 2013)



NIFTY SUPPORT AND RESISTANCE ( 06 Sept 2013)

NIFTY RESISTANCE
                                       AT 5610 ABOVE 5648 AND 5679
AND NIFTY SUPPORT
                                       AT 5550 BELOW 5529 AND 5481







THE US MARKETS ON THURSDAY ENDED WITH A STRONG NOTE ON THE BACK OF POSITIVE ECONOMIC DATA. THE US SERVICES SECTOR GROWTH ACCELERATED TO ITS FASTEST PACE IN ALMOST EIGHT YEARS BUT THE NEW JOBLESS CLAIMS FELL TO A NEAR FIVE YEAR LOW. THE ECB IN ITS POLICY MEET KEPT ITS INTEREST RATES UNCHANGED AND NOW THE MARKETS MAY WATCH THE PAYROLL DATA WHICH IS DUE ON FRIDAY. THE ASIAN MARKETS WERE TRADING MIXED AHEAD OF THE US JOBS DATA. THE INDIAN MARKETS ARE EXPECTED TO OPEN WITH A FLAT NOTE.


Rock N Roll


No comments:

Post a Comment

Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards