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Nifty Spot Levels : 22 june 11


The Indian markets almost shaved off its morning gains at the close, SENSEX managed to close 54 points up at 17560 and the Nifty stood at 5276, up by 18 points.

Asian markets were optimistic as the concerns alleviated related to Greek crisis when Jean-Claude Junker, leader of euro-area finance ministers, indicated a solution to the Greek debt crisis. Strong us market and european market
supported the asian market.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of  5235-  5300 and if it breaks the level   5235  then it would be go down and next support would be  5180 and if it breaks the level 5300 then would go higher and next resistance would be   5345 i.e nifty would vary between broad range of  5180- 5345

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