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DAILY PREDICTION

Advice for- Friday, June 18, 2010

Last Trading Session: Market was volatile throughout the day and again closed with a positive note above its resistance level of 5250.

 

Today: Now since Nifty is near its psychological resistance of 5300. Closing beyond 5300 levels can give a momentum to the market to move near 5330-5350 levels.

 

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BSE Sensex: (17617) The support for the Sensex is 17500 and the resistance to the up move is at 17730.

 

NSE Nifty: (5275) The support for the Nifty is at 5200-5250 and the resistance to the up move is at 5300-5330.

 

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