I couldn't publish some episodes previous week due to some unavoidable personal matters. Sorry for the inconvenience.
NIFTY TREND FOR 08-06-2012
Major Resistance Levels : 5084-5106-5137
Major Support Levels : 5003-4971-4948
Nifty ( Closing ) : 5049.65
Nifty remained in green whole over the market hours. Global markets were up last session. US markets were up more than 2%, Asian markets were up by .5-1% and European markets drew an increase in their indices. It helped Indian markets to close with around 1% gain.
Prime Minister, Mr. Manmohan Singh expressed his feeling yesterday that infrastructure sector can balance the economic growth of the nation. It helped for better investments in infrastructure companies including RELINFRA. PM's statement could make positive impact in Indian markets.
Moreover, Indian Rupees showed strength today.
GOOD LUCK.......
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