Pratishtha

Every Day May Not Be Good, But There's Something Good In Every Day.

Nifty Outlook for 7th November’ 2012

It was another lack luster session for the market this week and the volumes too were less ahead of US President Election.

Nifty Closing Session Today: 

Close: 5724.40, up 20.20 points (0.35%)

Day’s High: 5730.80

Day’s Low: 5693.65

Sensex Closing Session Today: 

Close: 18817.38, up 54.51 points (0.29%)

Day's High: 18829.07 

Day's Low: 18726.94

Nifty Levels for 7th November’ 2012

Pivot Level = 5716.25 

Support Level 1 = 5701.77

Support Level 2 = 5679.12

Resistance Level 1 = 5738.92

Resistance Level 2 = 5753.43

Nifty Simple Moving Averages:

30 Days = 5686.41

50 Days = 5569.68

150 Days = 5295.60

200 Days = 5301.39

Tom Basso

 “I Think Investment Psychology Is By Far The More Important Element, Followed By Risk Control, With The Least Important Consideration Being The Question Of Where You Buy And Sell.”

Nifty Outlook for 6th November’ 2012

Today Indian market closed with green signal. Global trends muted by us elections.

The Nifty ended at 5704.20, up 6.50 points (0.11 %). Its highest closing since 25th October’ 2012. It touched a high of 5709.20 and a low of 5679.50 in intraday trade.

Where as the Sensex closed at 18762.87, up 7.42 points (0.04 %) and touched a high of 18794.63 and a low of 18683.25 in intraday trade.

Nifty Tips for Tuesday

Pivot Level = 5697

Support Level 1 = 5680

Support Level 2 = 5650

Resistance Level 1 = 5720

Resistance Level 2 = 5750

Simple Moving Averages:

30 Days = 5685.30

50 Days = 5562.93

150 Days = 5292.89

200 Days = 5297.86