Tuesday, 14 April 2015

Nifty Tips Tomorrow: Nifty Weekly Outlook

Bombay Stock Exchange (BSE), National Stock Exchange (NSE), forex, money and commodity markets -- bullion and oils & oilseeds -- will remain closed today on account of 'Ambedkar Jayanti' while other commodity markets will operate as usual.

The benchmark BSE index Sensex on Monday regained the 29,000-mark to settle at an over one-month high of 29,044.44 by rising 165.06 points (or 0.57 per cent).

The broader 50-share NSE index Nifty rose for the seventh straight session and ended above the 8,800-level by rising 53.65 points (or 0.61 per cent).

Meanwhile, the rupee closed at a one-week low of 62.51 against the Greenback, falling by 20 paise amid sustained demand for the US dollar from importers.

Nifty Tips 15 Apr 2015
Pivot level at 8805
Then Supported Nifty at 8796.20-8780.80
with crucial resistance at 8823.60-8839.20


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