Today’s Stock Market Research and Analysis

Indian markets skyrocketed on the back of short coverings in banks, metals, oil & gas and technology stocks. US Federal's hawkish message a lever for rates. US fall after Fed minutes yield few clues. Rupee turns Senior Citizen; breaches level 65. Nifty up by 105 points

Online PR News – 24-August-2013 – Madhya Pradesh Indore – MARKET HIGHLIGHTS
• Indian markets ended up. Nifty, Sensex went up by 2.0% and 2.27%.
• Asia-Pacific markets traded weak over uncertain US Fed Res on QE.
• US went down. German Mfg PMI at 52. Dow Futures down by 42 pts.

Technical View:

NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 5345
SUPP 2: 5270
RES 1: 5455
RES 2: 5495

BANK NIFTY FUTURE LEVELS
SUPP 1: 9020
SUPP 2: 8730
RES 1: 9480
RES 2: 9650

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