Tuesday, June 29, 2010

Market Trend for 30th June

NSE Nifty- Nifty faced today an overall negative session and it closed at 5256 closing with a red. This is very typical of a sideways move after a strong up day. Technically the market is still sideways with a negative bias with strong resistance around 5328.

The crucial support for Nifty is 5214-5145 and resistance at 5328.

BSE Sensex- Sensex today closed below the level of 17650 and now next crucial support seems to be 17400-17171 and resistance at 17750.