STOCK FUTURE TECHNICAL NEWS AND EQUITY TIPS 10 FEB 2014

live-stock-marketMarkets opened on a strong note but selling pressure took it towards support side and again bounced in the later half to close on a flat note. Nifty future is facing stiff resistance near 6100 and closing above this level will confirm some bulls towards the resistance range of 6140-6180. It is finding support on lower levels since consecutive four sessions which is signaling strength in index while heavy selling would now be seen below major support of 5950.

TREND: SIDEWAYS

SUPPORT: 6030 & 5990

RESISTANCE: 6110 & 6140

DAILY MARKETS TREND:

  • Sensex ends higher; metal, healthcare, realty lead.
  • Tata Power posts Q3 loss at Rs 75 cr on forex woes.
  • Patel Engineering up 10% on bagging Rs 1100 cr order.
  • Jubilant Life surges 9%, PAT rises 437% in Dec quarter.
  • Genpact Q4 net declines 8.6% to $48.8 million.

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SOURCE : TRIFID RESEARCH

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