The BSE Sensex rose 421.44 points or 2.72% to settle at 15,939.36, its highest closing level since 26 December 2011. The index surged 452.39 points at the day's high of 15,970.31 in late trade. The index rose 122.64 points at the day's low of 15,640.56 in early trade. The S&P CNX Nifty rose 128.55 points or 2.77% to settle at 4,765.30, its highest closing level since 26 December 2011. The index hit a high of 4,773.10 in intraday trade. The index hit a low of 4,675.80 in intraday trade. The BSE Mid-Cap index rose 2.42% and the BSE Small-Cap index rose 2.33%. Both these indices underperformed the Sensex.
The market breadth was strong. On BSE, 2,019 shares rose and 740 shares fell and a total of 109 shares were unchanged. Among the 30-member Sensex pack, 28 rose while only two of them fell.
FOR TODAY: THOUGH IT SEEMS THAT NIFTY MAY MOVE EASILY ABOVE THE EARLIER RESISTANCE LEVEL 4770 THROUGH A MINOR GAP-UP OPENING, BUT IT MAY FACE RESISTANCE AROUND 4800/4840. WATCH 4800 LEVEL INITIALLY AND, THEREAFTER, 4840 LEVEL. ON THE DOWNSIDE, IF NIFTY BREACHES 4750 LEVEL, 4711/4700 WILL ACT AS STRONG SUPPORT. TODAY'S POSSIBLE TRADING RANGE MAY BE BETWEEN 4711-4840.
FOR INTRADAY TRADING CALLS DURING TRADING HOURS: CHECK HERE
DISCLAIMER: NO HOLDING
FOR TODAY: THOUGH IT SEEMS THAT NIFTY MAY MOVE EASILY ABOVE THE EARLIER RESISTANCE LEVEL 4770 THROUGH A MINOR GAP-UP OPENING, BUT IT MAY FACE RESISTANCE AROUND 4800/4840. WATCH 4800 LEVEL INITIALLY AND, THEREAFTER, 4840 LEVEL. ON THE DOWNSIDE, IF NIFTY BREACHES 4750 LEVEL, 4711/4700 WILL ACT AS STRONG SUPPORT. TODAY'S POSSIBLE TRADING RANGE MAY BE BETWEEN 4711-4840.
FOR INTRADAY TRADING CALLS DURING TRADING HOURS: CHECK HERE
DISCLAIMER: NO HOLDING
