IFCI research, Watch Nifty: 9 June 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Watch Nifty

Ø  Nifty is moving in a narrow range. It is expected to break out of the range in perhaps 3-4 sessions. 5650 will be a crucial level to watch on the upside and 5300 on the downside.

Ø  Nifty's support for 09/06 is likely around 5500 ( +/- 10 pts.) and resistance around 5580-5600.