Tuesday 31 May 2011

NIFTY SPOT LEVELS : 01 JUNE 11


Today market closed up  +87.05 points or   (1.59%) and finally settled at 5,560.15  
and  sensex closed up  +271.22 points or  22 (1.49%) and finally settled at 18,503.28  

Nifty closed and settled finally at 5,560.15   up by   (1.59%) points.Indian equity benchmarks showed good performance despite lower-than-expected gross domestic product (GDP) data, tracking smart rally across the globe. Indices closed at almost three-week high.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5525-5595 and if it breaks the level 5525 then it would be go down and next support would be 5380 and if it breaks the level 5595 then would go higher and next resistance would be 5640 i.e nifty would vary between broad range of 5380-5640

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