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Wednesday, June 15, 2011

Nifty/Bank Nifty Technical Outlook Today 15 June

Get Nifty/Bank Nifty Trading Tips Trend Range Levels (Wednesday, 15 June):-
Pre-opening session has started on a flat note and the Sensex is trading at 18,271.50 , and the Nifty is at 5,490.85 at this hour. The markets look flat at this hour and midcap and smallcap stocks are outperforming largecap stocks. IT, banking and realty are putting some pressure on the indices while oil & gas is performing well.
Top NSE gainers yesterday were: Sun Pharma, Ranbaxy, HDFC, Tata Steel & Reliance Infrastructure.
Last closing of Nifty was at 5500 and it is predicted that it will be in down trend today.

Nifty Intraday(Spot) Levels:-
Resistance : Its first resistance level is at 5560 and above this level it could test the resistance level near the 5620 points.
Support : Its first support level is at 5440 and below this level it could have support level near 5380 points. 

Bank Nifty Levels & Trading Tips:-
Today, crucial Intraday level for Bank Nifty is at 10850.
If Bank Nifty trades above 10850, then it could test 10950.
Instead, if Bank Nifty sustains below 10850 then it could test 10750, and below that level it could test 10650.




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