Tuesday, June 28, 2011
Capitalstars
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.