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Monday, February 13, 2012

Market Outlook 13.02.12


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Market Outlook 13.02.12

It was a day of profit taking, but market managed to close with only moderate loss recovered from above half of its intraday loss. It shows that market still looking quite attractive above 5300 mark in Nifty. Sensex closed in 17748.69 (-82.06) and Nifty were at 5381.60 (-30.75).

US & European markets closed down. Asian Markets opened up expect SSE Composite Index today.

Nifty watch for 13.02.12

Nifty may open gap up today. Nifty may be volatile for the day.

Above 5423 Nifty may try to hit 5450/5495/5513 today. Important level for the day for trading positive is 5380

Below 5364 Nifty may go down up to 5340/5313/5293