Nifty a Bovine Rush and Stock Market Tips

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Nifty a Bovine Rush and Stock Market Tips
Indias benchmark BSE index turned positive for
the year after rising more than 1percent for
its major daily gain from the time when
mid-January, as continued foreign investor
buying is flicker cheerfulness about
blue-chips. The Bombay Stock Exchange Sensex
closes at 21210 were up by 263 points or rose
1.26 percent. Bse Mid cap index roses 1.31
percent and the Bse Small Cap Index were gained
by 10.3 percent on today Day Intraday Trade
Closes. Sensex Major Resistance on Upside at
21317-21424-21530 Sensex Major Support on
Downside at 21009-20808-20700 Trend Deciding
Level at 21116 Nifty Index Major Resistance on
Upside at 6327-6356-6385 Nifty Index Major
Support on Downside at 6243-6188-6159 Trend
Deciding Level at 6272 Major Headlines HCC JV
gets order worth Rs 904 cr Jubilant Ufe arm
sells its hospital biz to Narayana Health Pfizer
executes inter-se promoter transfer of 29.5
percent equity at Rs 1537/share IVRC1s
Irrigation and Water division gets orders worth
Rs 2,633 cr Hindalco tops BSE Metal index Tata
Motors JLR sales rises 10 Feb 2014 Indian
Indices The Nse Nifty Index closed in the
positive note today, were up by 76 points and
closes at 6297. In excess of the next couple of
days it is expected to trend is up till 6360. In
this period the key support will be at 6229 and
resistance will be at 6320. The Nifty has been
forming higher tops and higher bottoms of late.
It has also closed above the crucial retracement
level, ie 6265, which is a positive sign for the
market In the daily chart the index is trading
above the Twenty-Daily moving averages (DMA) and
the Forty-DMA, ie 6119 and 6162 correspondingly.
The momentum pointer is trading in positive
mode. In the hourly chart, the Nse Nifty is
trading above the Twenty-hourly moving average
(HMA) and the Forty-HMA, ie 6258 and 6229
correspondingly, which are vital intra-day
levels. The hourly impetus indicator encompass
turned positive. The market duration was turned
positivee mode today with 952 advances and 474
declines on the National Stock Exchange. Nifty
Future Major Resistance on Upside at
6574-6817-7060 Nifty Future Major Support on
Downside is at 5854-5377-5134 Trend Deciding
Level at 6097 Bank Nifty Major Resistance on
Upside at 11075-11187-11299
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Bank Nifty Major Support on Downside at
10754-10545-10433 Trend Deciding Level is at
10866 5 Daily Moving Average _at_ 6247 50 Daily
Moving Average _at_ 6185 200 Daily Moving Average
_at_ 5985 5 Days Relative Strength Index _at_ 72 and
14 Days Relative Strength Index _at_ 62 INDICATES
NIFTY PLACED IN TRADING ZONE, WITH BULLISH
MOMENT. Global Trends Gold Trading Around
1350-1332 US Dollar Index Trading Above 81-80.4
Nymex Crude Trading Above 100-103.65 DOW Future
Trading with 202 points gain on Tuesday Intraday
Trade Green Global Trend Seen Stock Market
Tips Buy Nifty Fut March Intraday above 6360 sl
6335 Tgt 6380-6405 Or Sell Below 6310 sl 6335
Tgt 6290-6265 Buy Bank Nifty March Intraday above
11000 sl 10950 Tgt 11050-11100 Or Sell below
10900 sl 10950 Tgt 10850-10800 Curious
Fact Asias largest animal is found in India.
It is the Indian elephant. Only two species of
elephants can be domesticated and tamed, and the
India elephant is one of them.