Stock Trade Tips (27 Feb)

On Friday, NIFTY continued negative momentum post registering a high of 5,519 level and
slipped to 5,426 in early trades. Later indices oscillated in a narrow range till late noon session
but mild sell-off witnessed in last hour of traded which dragged indices further down to 5,407
level for the day.

# NIFTY closed the day with loses of 52 points at 5,426 levels while SENSEX closed the session
with 153 points decrease at 17,921 levels.
# NSE Cash segment witnessed the turnover of about Rs.23,569 crores compared to Rs. 18,315
# Overall market breadth remained negative with 481 stocks advancing against 1017 declining.
# Mixed trend witnessed amongst sectoral indices during the day. CNX MEDIA emerged as a
top gainer with increase of 1.6% while on other CNX REALTY, CNX PSU BANK & BANK
NIFTY emerged as a top loser with decline of 2.5%-1.8%
# On last trading session of the week NIFTY witnessed 117 points immense fall from the day's
high and shut the shop on a negative note straight third day in a raw on back of selling
pressure across the rate sensitive & selected front line counters. On the weekly basis, indices
registered a fall of 2.5% after seven weeks of Bull Run and it was the first ever fall witnessed
in the calendar year. On lower side, near term supports for the NIFTY are placed at 5,321 and
then 5,220 levels while on upper side indices may face hurdle of 5, 538 and then 5,648 levels

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