Saturday, December 19, 2009

post market update 18 december


It was high volatile day. Nifty has opened with lower note with the weak indication of global markets around 5020 at 9:55 am,around 22 points lower than previous day close then make a low a 5011, after touched 5011 nifty was going up and touched intraday high 5043 level (Nifty had a resistance level around 5060-5070), but nifty has not maintained this level and sudden fall has come in market nifty breached its short term support level and made a intraday low at 4979 level. After making the intraday low nifty closed at 4982.

SINTEX,LUPIN,DCHL,TATAMOTORS,DRREDDY,ESSAROIL,MPHASIS are among the gainers. ANDHRABANK, DLF, RELIANCE, UNITECH, HDIL,UCOBANK,DENABANK,and GAIL are the some among the losers.