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Nifty Intraday Outlook For 22-June

Indian markets traded well today and closed in green with marginal gains. Market remained sideways and expected to trade positive tomorrow.

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Nifty Intraday Tips for tomorrow : 16-June 2011

Overall, the market will stay sideways in the near-term. The Nifty is likely to find support in the 5,300-5,400 levels and resistance in the 5,500-5,600 range for next week trading sessions.

Nifty Futures
Sell Nifty Futures around Rs 5,470 for target of Rs 5,410-5,380 and stop loss of above Rs 5,500.

Today the Nifty closed with the -60.05 negative points or -1.09% down and settle at5,438.95.

Starting the week with a negative bias, Today the Indian stock market ended near day`s low on Monday.   Today the market closed down with the -45.75 negative points or -0.83% in percentage terms and settled at 5,499.00.

Nifty Range and Nifty Future Trading Levels for May 16, 2011 (16/05/2011)

Nifty Range and Nifty Future Trading Levels for May 13, 2011 (13/05/2011)

Nifty Range and Nifty Future Trading Levels for May 12, 2011 (12/05/2011)

Nifty Range and Nifty Future Trading Levels for May 11, 2011 (11/05/2011)