Get market views and best prediction for the stock market tomorrow (22nd, July'10)
Nifty witnessed the overvall volatile session after the flat opening in the morning. Overall it is holding the higher levels & maintaining the short term support of 5350 to 5355. Closing below this support zone may drag it till the lower levels of 5290 to 5300 in near term. I still recommend that traders may go for long in nifty future with the stoploss around 5345 for the targets of 5450, 5500 in near term.
The market opened on a positive note in view of good performance by US markets yesterday and positive cues from Asian markets. The market moved in a limited range. The trading session was choppy and ended the day in green. The number of advances was higher than the number of declines. Metal stocks were up today. It is expected that demand from China and Europe may not go down as sharply as was being apprehended.
For tomorrow Nifty may have a support at 5,343 and resistance at 5,437 and BSE Sensex has support at 17,798 and resistance at 18,105.
The market opened on a positive note in view of good performance by US markets yesterday and positive cues from Asian markets. The market moved in a limited range. The trading session was choppy and ended the day in green. The number of advances was higher than the number of declines. Metal stocks were up today. It is expected that demand from China and Europe may not go down as sharply as was being apprehended.
For tomorrow Nifty may have a support at 5,343 and resistance at 5,437 and BSE Sensex has support at 17,798 and resistance at 18,105.
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