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Market Outlook 05.03.12
Market traded quite and closed flat on Saturday. Sensex closed at 17636.99 (+0.19), Nifty at 5359.40 (+0.05) and Nifty future at 5396.50 (+5.00). BSE Small Cap index was up 0.4% and CNX Midcap Index was up 1.1% on Saturaday.But During the week market lost significantly. Sensex was down 1.5% and Nifty lost around 1.2%
US markets were closed down. Asian markets opened positive and trading firm today
Nifty watch for 05.02.12
Nifty may open flat or down today and may be volatile for the day. Strong support for Nifty is 5320-5300 levels.
Above 5418 Nifty may try to hit 5436/5454/5473 today and ....... 5050 in coming days.
Below 5367 Nifty may go down up to 5450/5333/5315 today
