Share Market For Tomorrow 14-Jan 2011

Today Indian Stock Market slumps again about 2%. Markets opened in negative notes, but initially traded bit positive till noon, and after market took a sharp from the levels of 5856.60 and made a low at 5739.20.

For Intraday tomorrow market seems to be choppy, and further downfall may be seen tomorrow as IT sectors and Banking indices  burst today. Traders are suggested to buy on every dips and short their position in every ups. Market is expected to remain volatile so trade with keeping strict stoploss.

Intraday levels for tomorrow :
  • Nifty could find resistance at 5778-5804 and support at 5721-5690.
  • BSE Sensex could find resistance at 19328-19440 and 19030-18960 may act as strong support levels.

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