Nifty Outlook Today-6 June ~ Intraday Share Market Trading-Stock Tips,NSE BSE Tips,Nifty Calls,MCX Commodity Trend

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."

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Monday, June 6, 2011

Nifty Outlook Today-6 June

Nifty Tips Trend Range Levels(Monday, 6 June):

The pre-opening session of the market begins with the Nifty and Sensex indicating a soft start today.The trend of the market is sideways and only intra-day positions should be taken.Indian equities are likely to open negative today. SGX Nifty is trading at 5,496 (08.14 am), 38 points lower than Friday closing of 5,534.

Top gainers of NSE WERE: Reliance Communication Ltd., Reliance Power, L&T,Sesa Goa,Reliance Capital.

Resistance : Its first resistance level is at 5625 and above this level it could test the resistance level near the 5730 points.

Support : Its first support level is at 5480 and below this level it could have support level near 5400 points.

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Monday, June 6, 2011

Nifty Outlook Today-6 June

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