Market Magnify :- Share Market Commentary 14/12/2017

Equity benchmark indices start the day by gap up opening after US Fed hikes rate by 25 bps and also raises growth outlook and then market was in mood of roller costar tracking Asian market, market movement was sideways as in first half Nifty future falls nearly 90 points from day high and in second half Nifty future zooms up nearly 130 points from day low to close 60.90 points up from previous day close. There was something for everyone in the market as market has given opportunities for buy side and sell side trader. November WPI inflation increased to 3.93 percent against 3.59 percent in previous month.

The Sensex closed up by 193.66 points at 33246.70 and the Nifty future up by 60.90 points at 10276.10.market » Read more

MARKET TREND UPDATE

NIFTY TREND-CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 10175
SUPP 2: 10010
RES 1: 10410
RES 2: 10575

BANK NIFTY TREND -CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 24820
SUPP 2: 24550
RES 1:25540
RES 2: 25760

WORLD MARKET ALERT
HANG SENG 0
NIKKEI -31
SHANGHAI -7
DOWJONES 80
NASDAQ 13
SGX NIFTY 51

INTERNATIONAL MARKET UPDATE
GOLD $ 1256.83
SILVER $ 16.13
COPPER $ 305.80
CRUDE $ 56.77
INR 64.29

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