Thursday, June 24, 2010

Market Outlook For Tomorrow

NSE Nifty: Nifty showed up a volatile session today as was expected. It registered a high, a low and yet closed in a flat consolidated manner. Technically the crucial level to watch out would be 5300 and the market is still holding its up trend until it holds up the level of 5300.

The crucial support on the downside for the Nifty is 5300-5265 and resistance at 5393-5417

BSE Sensex: (17730) the crucial support on the Sensex on the downside is 17650 and resistance at 18356