Thursday, June 16, 2011

Nifty Levels today : Thursday 16 June 2011

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Good Morning dear readers, after watching longest and fabulous lunar eclipse yesterday the morning session has begin and with a flat start today. The trend of the market is down and all rallies appears to be down. Today the Nifty is expected to saty below 5450 so traders are advised to go short .
Lets have a look at Nifty Technical levels today :-

Nifty support and resistance levels :-

RESISTANCE: It has first resistance close to the level of 5505 & above this level the next resistance is seen near the 5630 mark. 


SUPPORT: It has first support close to the level of 5435 & below this level the next support is seen near 5310 mark

HOT STOCKS TO TRADE TODAY (Subscribe FREE on mobile)

By seeing the market trend and technical analysis I have adopted folllowing stocks which can draw profit for you, let's have a look :-

Pantaloon, Zee, Hero Honda, Bajaj Auto, JSW Steel, Lupin, Idea Cellular, Jain Irrigation and HDFC Bank are some of the HOT stocks to trade today.

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