Tuesday, June 22, 2010

view for 23rd June

Nifty should open a bit lower around 5300 on back of overnight losses in Dow and should attempt to go up to 5325 levels beyond which Europe holds the key.
On the downside, 5280 provides good support and 5350 poses stiff challenge. The Nifty range for the day should be 5280-5360.
Expect strange move on reality and bank counters on FNO Expiry considerations tomorrow.

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