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Sunday, 22 December 2013

Nifty Support Resistance for tomorrow Monday 23/12/13 in Intraday trade

Another salvo has been fired at Financial Technologies BSE 7.42 % (FTIL). Capital market regulator Securities and Exchange Board of India (Sebi) on Friday issued a show-cause notice to FT asking it why it should not divest shares and warrants in stock exchange like MCX-SX, Delhi and Vadodara stock exchanges. 
The notice comes two days after commodity market regulator Forward Markets Commission (FMC) issued an order declaring FT and Jignesh Shah, among others, not fit to hold shares of board position in a recognised commex. 
FTIL has been given seven days to respond to the show-cause notice.  

Friday Nifty surged sharply with led by oil and gas sector shares which surge nearly 4 per cent with hike of gas & petroleum prices and some correction come by rupee which gain against USD on Friday, Rupee closed positive with led of 10 paisa at 62.04. 

Nifty finished at 6274.25 gain 107.60 points or 1.74%, it hit high of 6284.50 while Sensex rose 371.10 points or 1.79% finished at 21079.72, it hit high of 21117.99 in trade day. 

Nifty Support & Resistance for Monday- 
Support 6230.0 and 6170.0 Resistance 6300.0 

Some Profitable Share for Tomorrow 23/12/13 Monday Trading Session- 
Bharti Airtel Buy Above 330.0 with TGT- 332/334.0 SL- 326.0 or Sell below 326.0 with TGT 324/322/320.0 SL- 330.0 
Infosys Buy above 3555.0 with TGT- 3565/3575/3585.0 SL- 3525.0


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