Tuesday, June 19, 2012

NSE News- Nifty Today and Market Trend


The market started flat and then imbibed positive bias to crawl in green zone in the early hour of the trading session. A marginal gain is being seen in the market currently with Tata Motors and ITC witnessing more than 1% gain. Tata Steel, which outperformed in yesterday's bearish market, seems to continue the trend. For a good buying stock , Tata Steel can be the choice.

Nifty is facing its immediate support at 5046 level while 5096 is acting as crucial resistance for upside.

One can buy Nifty futures above 5096 for the target of 5130-5155.

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Posted By Commodity MCX Tips