Wednesday, June 27, 2012
Nifty Trend And Stock Market outlook For 28 June 2012
Stock Market Outlook :- Following the yesterday trend stock market traded rangbound whole-day and closed its choopy trading session at green zone.Today in stock market metal, power and IT being the biggest gainers. Banking and capital goods, too, made some gains while auto and consumer durables pulled the indices down.Tomorrow is the last Thursday of F&O expiry so market will get volatile so have strict stop loss before doing trading.
Nifty trend tomorrow :- Nifty will have resistance at 5160 if this will cross then next resistance will be at 5198.And nifty will have support at 5122 and if this will cross then next suuport will be at 5084 and pivot level at 5142.