Thursday 2 June 2011

NIFTY SPOT LEVELS :3 JUNE 11


Today market closed down  -41.65  points or   (-0.74%) and finally settled at  5,550.35  and  sensex closed down   -114.63 points or (-0.62%) and finally settled at 18,494.18 
 
After  gain seen in previous two session Indian equity benchmarks retreated today reacting to weak global cues and 2G case news.,Nifty closed and settled finally at 5,550.35  down  by  -41.65  points.
 
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5500-5595 and if it breaks the level 5500 then it would be go down and next support would be 5460 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 5460-5640

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