The Nifty is likely to consolidate between the range of 4600 to 4800 levels in coming trading session.Market is waiting for trendline breakout.On the higher side it may face resistance around 4800.Once it breaks upperside trendline next target 5000.On the downside 4600-4400levels is an immediate support
At 11:36 am, the Sensex was up 1 point at 15,697 and the Nifty up 9.45 points at 4,662. Market breadth is positive; 944 shares are advancing while 233 shares declining on the NSE.
Sugar stocks are trading sweetly. Buying seen in Bajaj Hind, Balrampur Chini, Dhampur Sugar, Dwarikesh Sugar, EID Parry, Oudh Sugar Mill, Rajshree Sugars, Sakthi Sugars, Shree Renuka and Upper Ganges
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