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. For more info click here Stock Tips Commodity Tips
"Nifty Trend 24-01-2013"