Stock Market News - Nifty News - 13th March 2013

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New Delhi, India (prHWY.com) March 13, 2013 - Market levels for nifty:

Today nifty index will have quite stiff resistance at 5929. If it manages to cross 5929, it may reach 5945 and 5960. If it Happens then bulls may take nifty to 5974 and 5991 levels.

It can take on other side, below 5898 level, nifty may be dragged down to 5872 by bears. One can see some more action below 5855. If nifty manages to cut 5855, it may touch 5841. Support for bulls acting at 5827 level.

Sectors looking bullish

1. Metal

2. Reality

3. HC

Sectors looking bearish

1. FMCG

2. Auto

3. CD

Stocks and Commodity:

MCX Gold seems negative for the day. Support expected around 29280 & 29140; intraday resistance can be seen near 29420 & 29540. Day traders are advised to sell around 29420 with SL 29540, for the target of 29280 & 29140.

MCX Silver seems slightly negative for the day. Support expected around 54200 & 53700; intraday resistance can be seen near 54800 & 55300. Day traders are advised to sell around 54800 with SL 55300, for the target of 54200 & 53700.

Energy :

MCX Natural Gas seems slightly positive for the day. Support expected around 196 & 193 intraday resistance can be seen near 199 & 202. Day traders are advised to buy around 196 with SL 193 for the target of 199 & 202.

MCX Crude oil seems slightly negative for the day. Support expected around 4950 & 4900; intraday resistance can be seen near 5000 & 5050. Day traders are advised to sell around 5000 with SL 5050, for the target of 4950 & 4900.

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