Sunday 11 January 2015

12/01/2015 Weekly Report On Equity Market

www.researchvia.com

NEWS INSIGHT
  • Sensex ends up 184 pts, Nifty firm; HUL, Infosys gain 5-6%
  • Infosys beats street, Q3 PAT up 5%, maintains FY15 guidance
  • India's steel consumption up 1.4% in Apr-Dec
  • Govt clears FDI proposals worth Rs 1,827.24 cr
NIFTY ANALYSIS
  • Positional Support for NIFTY 8150
  • Positional Resistance of NIFTY is 8380
  • Immediate resistance for NIFTY is 8310
  • Intraday Support of NIFTY is 8210/8190
  • Daily candle of Nifty has closed above its 55 day EMA and buyers have dominated the market. We can expect buying in the coming week.

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