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DAILY PREDICTION

Advice for- Thursday, June 03, 2010

Last Trading Session: Market remained volatile through out the day and ended with positive trend.

 

Today: 5100 would remain strong resistance for market. Market is in a very volatile position and can go in either direction from here but traders should take care of resistance level of 4960 as these would be deciding parameter for market direction.

 

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BSE Sensex: (16742) The support for the Sensex is 16570 and the resistance to the up move is at 16800.

 

NSE Nifty: (5020) The support for the Nifty is at 4960 and the resistance to the up move is at 5100.

 

 

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