Today market opened on a weak note and drifted downwards. Market reacted positively to L&T results and looked up. There was a sharp recovery. Market recovered most of the lost ground and ended day with a small gain. It was also a day when the market made history of sorts with the opening of the largest amount IPO in Indian history, Coal India, and the introduction of the pre-market session from 9-9.15am.
The market has turned up from a level just below 6,000. There is a possibility that 5,950 / 6,000 may develop into a significant support area. The market is expected to remain volatile and has resistance around 6,200 / 6,250.
The market has turned up from a level just below 6,000. There is a possibility that 5,950 / 6,000 may develop into a significant support area. The market is expected to remain volatile and has resistance around 6,200 / 6,250.
Report : STOCK MARKET TIPS
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