Friday 5 July 2013

NIFTY FUTURE OUTLOOK – 08 th JULY 2013

Nifty future gained for the second consecutive session but doesn’t maintain the level above 5900 and closed near day’s low tracking global cues after the European Central Bank (ECB) declared it would keep interest rates at record lows for an extended period and may even cut further. Nifty future for next trading session can take the resistance of 5910 if it breaks this level than having the 
next resistance of 5940 and in down side having the support of 5855 if it breaks this level than having the next support of 5825.
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