19 May Best Nifty Future Tips, Sensex Edges Lower, Nifty Slips Below 8,350

Market OutLook

Best Nifty Future Tips

The Market  the expense of is under pressure. The Sensex is beside 52.07 points at 27635.23 and the Nifty down 12.70 points at 8361.15. About 1040 shares have militant, 600 shares declined, and 134 shares are unchanged.

Meanwhile, selling pressure was visible in oil & gas, banking, metal, facility and pharma stocks. While, choose buying was seen in capital goods, auto and FMCG counters.

Oil & gas stocks were the worst hit in the daylight deals. The BSE oil & gas index fell going on for 1 per cent. Stocks such as Oil India, ONGC, Bharat Petroleum, GAIL India, Cairn India, HPCL and Indian Oil were trading in the red.

On the Other side Hero MotoCorp, Tata Power, Bharti Airtel, Infosys and Wipro are peak gainers in the Sensex.

Markets likely to retrieve flat. Support for Nifty is at 8320 and resistance at 8450.

Support for Bank nifty is at 18200 and resistance at 18600.

Best Nifty Future Tips