Thursday, June 2, 2011

Nifty outlook for 02-06-2011

After two days continued positive rally, Indian stock Markets slipped due to weak global indications. Selling pressures in Banking and Auto Sectors lead market to close at 5550. For fridays trading sessions if market manages to trade above 5580 level then Nifty is likely to touch 5750 levels else it may slip down to 5400-5300 levels.

For intraday trading tomorrow if Nifty shows strength above 5570 levels, then rally to 5650 levels may be seen. On the down side if Nifty fails to trade above 5,575 levels then selling pressure till 5450 may also be seen.

Stocks to watch for fridays trading session.

MONSANTO,CLUTCH AUTO,CAMBRIDGE,VOLTAMP,


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