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Nifty Spot Levels : 8 july 11

The BSE SENSEX has crossed the19000 milestone while NSE Nifty has surpassed the5700 mark. A firm trend in the European markets and overnight gains in the US markets also partly supported the sentiment today.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5695 -5760 and if it breaks the level   5695 then it would be go down and next support would be   5655   and if  it breaks the level 5760  then would go higher and next resistance would be 5805 i.e  Nifty would vary between broad range of   5655 - 5805.

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