Nifty spot level : 13 july 11

Market was down due to the weak global market. Us market went down badly on Monday and European market is also trading in red as investors again started to worry about the worsening debt crisis.

Tomorrow nifty is expected to trade between the strong levels of 5410 to 5600. If the market breaches the level of 5555on the upper side then the next resistance level will be 5600. But if nifty breaches the support level of 5480 then it may go down till the level of 5410. Nifty tomorrow is strongly expected to trade between the narrow range of 5480 to 5555.