Tuesday, July 5, 2011

06/07/2011 Trading Views

Nifty after opening at 5659.85 for the whole day nifty was trading with in a range of 30 points 5643-5612 .

This scenario is expected to continue for today also , 5600 is having a good support once it got broken it will take the Nifty towards 5550 and in upper side 5700 is a good resistance , once the nifty crosses 5660 it will test 5680.

Levels for Today
Support 5612 ,5600 , 5580
Resistance 5642 , 5660 , 5680


Buy INDIAINFO AT 88.7 with stop loss of 86 for the target of 95
Buy YESBANK at 320.5 with stop loss of 314 for the target of 340

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