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weekly stock trend and tips for 18 Jan 2016

Weekly Market closed: After a positive start Intraday market close their session at the end of week with negative note as the Oil futures slumped again put pressure on the major market indices thus during the day market is quite volatile and decline toward the end with them.

Intraday Nifty breaches its support level of 7500 has the lower support at 7,462 in the coming week If the index trade above these levels then a positive trend in expected and in case Nifty falls below  then it will seek support level  of near 7,422.

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