Markets showed a bull run for the whole session ahead of Monetary Policy on Monday. Nifty Future was able to maintain above 5100 for the whole session but resisted around 5150. Last week, it consolidated in the range of 5020-5150. Now, 5180 is seen as stiff resistance for the coming session above which 5230 is seen as next hurdle. Volatility is expected due to Monetary Policy. On lower side, 5090 will act as support for it below which 5040 is seen as strong support for it.
TREND: SIDEWAYS
SUPPORT : 5090 & 5040 RESISTANCE: 5180 & 5230
Major Market News –
Sensex closes 272 pts up betting on rate cut, Greece polls.
Tata Motors global wholesales climb 12% in May.
L&T bags orders worth Rs 10.76 bn.
JP Associates gains 2% on sale of cement plants.
Tata Communications in talks to buy stake in Prizm Payment Services.
For More Information Click Hare
Stock Tips, Commodity Tips
TREND: SIDEWAYS
SUPPORT : 5090 & 5040 RESISTANCE: 5180 & 5230
Major Market News –
Sensex closes 272 pts up betting on rate cut, Greece polls.
Tata Motors global wholesales climb 12% in May.
L&T bags orders worth Rs 10.76 bn.
JP Associates gains 2% on sale of cement plants.
Tata Communications in talks to buy stake in Prizm Payment Services.
For More Information Click Hare
Stock Tips, Commodity Tips
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