Market View: 15-19 Jul 2013

Filed in Market Update by on July 15, 2013 0 Comments
Week Market View: 15-19 Jul 2013
Market This Week Last week the resistance level of 5900 was taken off and we saw a massive rally which made the NIFTY touch the psychological level of 6000. This ensured that the bears lost their land and the bulls took over it again. Now for this week, the 5900 would be an important support level for us. Anything above those levels would be a good time to trade. If the bullish trend persists, the next target levels for the NIFTY would be 6100 and then 6200. Any crash below 5900 should trigger us to get on the sidelines and enter the wait and watch mode.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 08-Jul-2013 -2095.80
2 09-Jul-2013 174
3 10-Jul-2013 -1058.40
4 11-Jul-2013 -399.20
5 12-Jul-2013 -593.60

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