On global cues market to open at higher levels with positive bias for the day, the positive new from international and domestic to take the market to further higher levels.
As nifty has closed above the 4850, it can now test the 5150 mark in the next few trading session
The advance tax report paid by the major corporate and FII have bought worth 3500 cr in the last seven trading sessions to boost the sentiment.
Investors and trader are advice to be cautious at 5150 levels and should book partial profits at these levels.
Banking, IT, steel , media and power stocks to be in limelight.
Technically nifty to have support at 4850/4800/4750 and resistance at 4930/4960/5000 for the day.
Have a nice trading sessions.
BSE, NSE Stock Ticker, India
Tuesday, September 15, 2009
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