Tuesday, March 5, 2013

Stock Market Trend: Nifty Tips Today

Stock Market Trend Today
Indian indices closed on soft note with a downward bias yesterday. The Sensex ended at 18877.96, down by 40.56 points while the Nifty lost 21 points to close at 5698 in its previouse trading. Today Market open with a strong bull trend. Market is up due to strong international signals, beginning with the 0.5 per cent. Sensex up 66 points at 18944 and Nifty at 5705 open with 7 points higher. Sensex has got up by 150 points in early trading. Realty shares gained nearly 2 per cent. FMCG, Oil & Gas, Bank, Auto, Capital Goods, Metal, Power, PSU, IT stocks are strong 1 to 0.5 per cent. Edge technology and healthcare stocks. Consumer durables are sluggish.

Nifty Tips Today:
However Nifty has started well today in morning session but it is still in a bear zone. A bullish sentiments are waiting at 5790 level, above this level nifty may get its next resistance at 5830 level today. On the down side nifty has a support to break at 5690 level. Nifty is trading in a flat trend today. Buy is suggested for intraday trading as its Nifty Tips Today.

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