Markets dropped marginally in the afternoon session due to weakening of European markets but settled in green territory covering its losses. Nifty future ended the June F&O Expiry series near to its resistance level of 5150. If it is able to cross and sustain above the crucial mark of 5200 then only we can see some positive sentiments in nifty which can take it towards higher levels while on lower side it is expected to move in the range of 5150-5100.


TREND: SIDEWAYS


SUPPORT : 5100 & 5050 RESISTANCE: 5180 & 5215

 

Major Market News –

Ø Nifty, Sensex lacklustre; European mkt down on BoE comments.
Ø OnMobile shares tank after board orders probe against CEO.
Ø Gati shares gain after JV with Kintetsu World Express.
Ø Rolta India up over 5% on FCCB redemption of $134.70 mn.

 

For more information Click Here
Stock tipsCommodity tips



Leave a Reply.