After a flat start, the market is choppy and trading with a mixed bias. Sensex is at 16226, up 10 points from its previous close, and Nifty is at 4904, down 3 points. CNX Midcap index is down 0.3% and BSE Smallcap index is also down 0.3%. The market breadth is negative with advances at 454 against declines of 721 on the NSE.
Nifty Trend For Today 15 May : Nifty is currently in BEAR trend. Nifty is expected to trade lower. Nifty to remain weak so we recommend traders to stay cautious. Important support level are seen near 4,820 and 4,740 levels. On the way up it has strong resistance at 4,940 and 4,985.
NIFTY : Support:- 4,810-4,900 Resistance:- 4,960-5,040
Bank Nifty Trend, updates:-
Yesterday Bank Nifty closed at Rs 9257.65 and now it is trading at 9263.75 up by 6.1 points or 0.07 percent.
Bank Nifty: Support:- 9160-9170 Resistance:- 9400-9410
