Market View: 15-19 Apr 2013

Filed in Market Update by on April 15, 2013 0 Comments
Week 15-19 Apr 2013
Market This Week Last week the markets reacted to Infosys results and the NIFTY closed with losses. FII’s were on a selling spree. This week the markets would react to corporate results. To cut it short and to summarize, market is expected to be more or less flat for this week. NIFTY is likely to trade in a range of 5500-5650. 5500 would be a crucial support and 5650 would come as a strong resistance. We must be stock specific and commit only small amounts of our capital. We must trade with caution and observe strict stop losses.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 08-Apr-2013  -122.70
2 09-Apr-2013 -104.20
3 10-Apr-2013 -619
4 11-Apr-2013  
5 12-Apr-2013 164.50

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