Wednesday, June 9, 2010

Nifty Market Trend For 10th June

Nifty is still not sustaining at higher levels & after every rally it witnessing the profit booking. In the downside still more correction is expected from the current levels. I recommend that one can go for sell on rise in Nifty future until it made closing above 5200. In the downside 4900 to 4930 is looking the good support base. Closing below this support zone may slide the Nifty future till the lower levels of 4700 to 4710 in short term.

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Posted By Commodity MCX Tips