Tuesday, July 05, 2011
Capitalstars
Sensex ended at 18,744 losing 70 points. NSE Nifty closed at 5,632 losing 18 points.
High fall in heavyweights like BHEL, RIL, DLF, ITC and Continuous selling in realty, power and FMCG stocks pulled the indian market down.
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5600 - 5660 and if it breaks the level 5600 then it would be go down and next support would be 5560 and if it breaks the level 5660 then would go higher and next resistance would be 5695 i.e nifty would vary between broad range of 5560 -5695.
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