Stock Market Forecast for the Week (4th – 8th July ’11)
Market gives good recovery on June expiry and closed above 5600 @ 5638.40 with 2.81% gain.
Nifty future made a high of 5702 levels but cant sustains this level higher level and fell down. For coming day’s nifty future having resistance @ its 50 week ma level of 5710 if it will sustains these levels than next level comes @ 5750-5805.
Support comes @ 5590-5540-5370 for coming week.
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