Stock Market Overview for the Week (30th May – 3rd June ’11)

After a lower end of May series in futures contracts, the nifty June series started with up beat. Nifty future closed 5466.35 with loss of 18.25 points down by 0.335 wow basis.

I this dull market nifty future having support @ 5400 below this level 5350-5290 will be the major support zone for market.

Resistance comes @ 5490-5550-5620 will be the major higher levels for nifty future.