Nifty Trend 24-01-2013

							Markets lost their sentiments in the early hours of trade but positive European opening supported
them to again towards their resistance levels and closed flatly.Nifty future after surpassing its
important support of 6060 dragged towards next support of 6030 which is indicating 6000 is still
acting as major support for the index. Closing indicates strength in nifty where 6110 is acting as
important resistance for it.

TREND: SIDEWAYS

SUPPORT : 6020 & 5980
RESISTANCE: 6110 & 6150

Major Market News:

        Bharti Airtel raises voice call prices as rising costs hurt.

        Deepak Fertilisers Q3 net declines 36%.

        Tata Power looking for more hydro projects.

        Zee Entertainment net up 39% in Q3.

        Havells India Q3 PAT rises 33% at Rs 118 cr.

        Sun TV net up 13% in Q3.

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