Nifty Tips
It was a choppy session for the money
market where Nifty after so many ups and downs, finally managed to
close near its day high. Nifty closed above 5100 level after gaining
0.78%. Some short covering and Banks,
oil & gas and FMCG sectors led
the market up to close in green.
The oil sectors surged today and
witnessed significant gain with GAIL up 2.66%, ONGC 1.7% , IOC 3.5%
, HPCL and BPCL climbed 6% and 2% respectively.
A gap up start with positive bias is
anticipated for tomorrow's market. Nifty has resistance near 5133-5155
level and support at 5068-5045. A breach in either side would decide
the trend of Nifty.
Nifty Futures Tips- One can buy Nifty
above 5021 TG-5133-5158-5170
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