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Thursday, February 23, 2012

Market Outlook 24.02.12


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Market Outlook 24.02.12

Market recovered in the last hour to close with moderate losses. Both Indexes closed with a gain of around 6% in Feb series. Sensex closed at 18078.50 (-66.75), Nifty at 5483.30 (-22.05) and Nifty future at 5483.30 (-34.15). CNX Midcap closed with 0.4% loss. BSE Smallcap lost 0.9% in today' trade.

Nifty watch for 24.02.12

Market may be volatile for the day.

Above 5546 Nifty may try to hit 5561/5581/5605/5625 today.

Below 5488 Nifty may go down up to 5470/5453/5435