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Tuesday, June 7, 2011

Nifty Technical Outlook Today 7 June

Get Nifty Tips Trend Range Levels & Trading Strategy For Tuesday 7 June:-
The Indian markets are expected to open negative on the back of subdued global cues. The domestic market witnessed a volatile trading session on Monday amid subdued global cues.However, the market managed to close in the positive territory due to late buying in the IT, healthcare, and capital goods space.Yesterday Nifty Closed at 5532.
Top NSE Gainers at that time are: Reliance capital, Reliace Communications ltd., L&T, sesa Goa, Reliance Power. 
 
Resistance : Its first resistance level is at 5590 and above this level it could test the resistance level near the 5650 points.
Support : Its first support level is at 5470 and below this level it could have support level near 5410 points.




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