Tuesday, June 28, 2011

Nifty Levels and Market Predictions for 29 june 11

Nifty Spot Levels  

Tug of war between bull and bear made the market volatile. The Indian markets were dull in today’s trade, SENSEX stood at 18492, up by 80 points and the Nifty rose by 19 points at 5545.

A rally in Asian shares on Tuesday as investors continued to worry that Greece could default on its massive debts despite an outline agreement by French banks to roll over Greek bonds.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of  5495- 5575and if it breaks the level    5495  then it would be go down and next support would be 5460 and if it breaks the level  5575then would go higher and next resistance would be  5625si.e nifty would vary between broad range of 5460- 5625

Source : http://capitalstars.blogspot.com


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