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Tuesday, June 14, 2011

Nifty Technical Outlook | Market Trend Today 14 June

Get Nifty Trading Tips Trend Range Levels (Tuesday, 14 June):-
The market starts trade this morning on a positive note and the Nifty opens above the 5500 mark. The market breadth is positive with advances at 521 against declines of 180 on the NSE.Broader markets open relatively stronger. Midcap and smallcap indices are up 0.4% .Top NSE gainers are: Reliance Capital,Ranbaxy Lab. , HCL, DLF, Dr. Reddy's Lab. , ONGC.
Last closing of Nifty was at 5582 points and today it is predicted that it may be in down trend. 

Resistance : Its first resistance level is at 5505 and above this level it could test the resistance level near the 5565 points.
Support : Its first support level is at 5445 and below this level it could have support level near 5390 points.

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