Wednesday, June 6, 2012
Stock Market Overview | Nifty levels tomorrow
Stock Market Overview :- The spectacular rally in the stock market on Wednesday was sparked off by multiple factors as the benchmark indices closed near psychological resistance levels led by gains in infrastructure, auto and banking stocks.Indian markets rallied due to multiple triggers government actions.Rising hope of policy rate cut by RBI, expected positive outcome from upcoming ECB meet cheered domestic stock markets today.
Nifty Levels For Tomorrow :- Tomorrow trading is expected between the broad levels of 4840-5085. If the market breaches the level of 5040 on the upper side then the next resistance level will be 5085. But if nifty breaches the support level of 4940 then it may go down till the level of 4840.
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