Technical Analyst, Prakash Gaba stated that Arvind Mills has a resistance leve

In a fight to put control over trading action, bears took over from bulls on Thursday. Growth of existing bearish response on Friday is likely to append their stocks in their support. In contrast, optimistic sentiment on Friday is expected to modify the existing reaction.

The leading tradable stocks on NSE Nifty suffer a slight reshuffle in its succession and factors. RIL recovered the top slot and pushes Infosys to the fourth place. ICICI Bank climbed one position to second and BHEL registered its name on the third place. SBI and RCom exchanged their locations.

According to technical analyst, Prakash Gaba the capitalists

Sharmila Joshi of Asit C Mehta is of the vision that DLF is looking sensible at this heigh

Improvement in Asian markets encouraged assurance in Indian equities on Friday. ICICI Bank, State Bank of India (SBI), Infosys, Reliance Communication, Housing Development Finance Corp. (HDFC) chaired the advancements.

BSE Sensex settled the week on a positive note at 15,138.40, up 152.70 points, whereas the broad-based NSE Nifty ended at 4,401.55, up 45.2 points.

Technical analyst, Vishwas Agarwal stated that presently the Indian markets are acting according to the worldwide market conditions. Traders are watchful due to recent volatility in the markets, he added.

Weakness in index heavy weight Reliance Industries (RIL) in last 5 trading sessions hassled markets last week.

The 30-share index having maintained its impulse in the former session as it carries on to trade in the constructive terrain. Select stocks from cement, pharma, banking, auto and telecom led the advancements.

The BSE Sensex is trading strong at 15,193.66, up 207.96 points. NSE Nifty is ruling at 4,423.70, up 67.35 points (11.15 a.m).

Technical Analyst, Vishwas Agarwal suggested that the support of 4,286 for the NSE and 14,668 for the BSE are key levels to watch.

He also added that if the stock market falls below these levels, then we can think that a top has been formed for the next six months and the market will trade between 3,900 to 4,600.