Tuesday, September 20, 2011

Market today

Yesterday market trade in range bound and nifty trading around 5000 mark and nifty close to 5030. selling pressure seen in infra,public sector bank and service sector,Dowjones  yesterday down 200 points at open but at closing recovery and close below 100 point from its previous closing .

Today Indian stock market opening at flat as sgxnifty trading flat around 10 point but  as market sentiment seem negative bias some profit taking again pull down market at lower levels buying comes so market canmoov upside in second session and today market get support around 4930
Trader in nifty buy around 5050 with stop loss of 5024 for a price target of 5080-5130.

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