It was another day of disaster for Indian Share Market. Fall of Rupee against dollar and withdrawal of funds by FII made Nifty and Sensex to close in red. Nifty closed at 4706.45, 105.95 points low, near 2 year low falling 2% on heavy volumes & Sensex closed at 15669.97, 365.45 points down. Almost all sectors were in red. It would be more pathetic if some short covering in the second half helped the market to come out from low of the day. In intra-day BSE Sensex were 587 points down to hit 15478.69 and Nifty touched low of 4640.95. Top Nifty gainers were NTPC, RCom and Bajaj Auto while losers were BPCL, JP Associates, HDFC bank and IDFC
Nifty Outlook 24.11.11
As our market is very weak, a gap down opening is expected and bears may take charge of market. Nifty may slip to 4678/4665/4627/4595 tomorrow. Nifty closing may invite more volatility. Short covering may be there for the day. For upper side Nifty has to break 4743 then it may try to hit 4785/4813/4845.
Nifty trading Tip
Sell Nifty at 4689 TGT 4678/4665 SL 4717
Buy Nifty (if trading above) 4729 TGT 4741/4780/4812 SL 4716
Stock market tips | India stock prices | Share and stock | The best stocks | Stock Analysis | Indian share market | Indian stock market | India stock prices | Stock market India | Stock market | Stock tips | Bombay Stock Exchange | National Stock Exchange | Indian Stock Market | Share Market India | Indian share market | Technical analysis | Intraday Tips | Intraday stock tips | Indian stock market tips | Btst stock tips | Btst calls | Btst share tips | Stock market investment | Best technical analysis | Best technical analyst | Best technical analyst in
India | Share tips | Indian share market tips | Investment calls |Jackpot calls
| Market Bhavishya | Stock market trend | Bse stock tips | NSE market tips | Indian shares
