Markets Action for the Day

Markets Action for the Day

The Indian stock market is expected to open flat following mixed Asian cues. Trends on SGX Nifty indicate a flat opening for the index in India with a 19 points loss.

The BSE Sensex closed above 39,000 levels, up 287.72 points at 39,044.35 on September 15 while the Nifty50 jumped 81.80 points to end above the crucial 11,500 mark, at 11,521.80. According to pivot charts, the key support levels for the Nifty is placed at 11,464, followed by 11,406.2. If the index moves up, the key resistance levels to watch out for are 11,557.8 and 11,593.8.

NIFTY is headed towards 11700-11800 levels again
Nifty Bank is at its trendline support
Infy is all set to break the resistance levels
Nifty IT is on the verge to move higher
Nifty Metal index on its strong support zones

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Santhosh Kumar V

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