Live & Latest Intraday trading Stock Recommendations tomorrow, Stocks in news,Intraday tips free today, Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 8 January 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 8 January 2018.
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Indian markets hit a fresh record closing high last Friday to sign off on a bullish note. The index rose 0.27 percent for the week ended January 5. The Nifty made a small bullish candle on the daily candlestick charts and a Hanging Man kind of patterns on the weekly charts.
The Nifty which opened at 10,534 slipped marginally to hit its intraday low of 10,520. The bulls soon took control over D-Street to touch its fresh record high of 10,566.10. The index finally closed 54 points higher at 10,558.
The Nifty closed at 10,558.8 on Friday. According to Pivot charts, the key support level is placed at 10,530.57, followed by 10,502.33. If the index starts to move higher, key resistance levels to watch out are 10,576.57 and 10,594.33.
The Nifty Bank closed at 25,601.8. Important Pivot level, which will act as crucial support for the index, is placed at 25,519.84, followed by 25,437.87. On the upside, key resistance levels are 25,663.54, followed by 25,725.27.
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