Sensex

Thursday, June 10, 2010

[stock_win_india] Stock Market Overview (Nifty and Sensex)

 

Technical View on Sensex (11th June '10)

Sensex may face the next resistance close to the level of 17150, at present it is trading in the side way zone & it is rebounded by the 100 DMA & 200 DMA in daily time frame. Closing above 17150 may take up the Sensex till the higher levels of 17350 to 17400 in near term.

Technical View on Nifty (11th June '10)

Nifty made some recovery from the support level close to 5000. Today it made a strong closing with good volume accumulation, so for tomorrow we might expect this upside could continue & we could expect some more upside movement from here. In the upside still 5200 to 5220 is the crucial resistance zone for Nifty Futures. So for tomorrow trading traders could long nifty future for the target of 5200.

For Daily Nifty and Sensex Trends, News and Overviews Visit my Blog @ http://www.capitalvia.com/blog/ and get the Best Stock Tips.


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