NIFTY SPOT VIEW-6TH JULY 2012

Nifty stopped rally near the Gann resistance level,and I think upward rally will not be smooth from current level because there is multiple resistance between 5345 to 5437 level,market may come down around those level.

The major strong resistance are 5345-5437 and support stand for-5180-5145-5050.

To see the previous market update-go to the BLOG page and click on LATEST POSTS

1st pressure date for the month of July is 7th July 2012 (accuracy +/- one day).

STOCK ALERT:

Axis bank resistance are-1065-1115 and support stand for-1015-965.

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