Wednesday, 1 June 2011

Nifty Spot Levels : 2 JUNE 11

Today market closed up  +31.85 points or   (0.57%) and finally settled at  5,592.00   and  sensex closed up  +105.53  points or  22 (0.57%) and finally settled at 18,608.81.  

Nifty closed and settled finally at 5,592.00   up by  +31.85  points. Indian equity benchmarks continued their uptrend for second repeated session on Wednesday. The 50-share Nifty spot closed below the 5600 mark - it tried to cross that level during the day but could not make it.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5670-5500 and if it breaks the level 5670 then it would be go down and next support would be 5625 and if it breaks the level 5500 then would go higher and next resistance would be 5540 i.e nifty would vary between broad range of 5625-5540


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