25-06-13 MARKET

MARKET TREND:

Market sentiment become very weak, Throughout the World, all class of Assets are in correction mode, against to the USD value and Currency Flows. Since Individual Corporate Performance is not the criteria and investors are rushing up only for Liquid Cash Indices Technical Values are cutting down and creating panic to Traders.   Our Nifty may get support at 5500 level, as it is Head a Shoulder Formation (weekly) going to complete.  If it breaks (5480 on closing basis) market can go further down.

NIFTY SPOT LEVELS:
Pivot: 5599
Resistance: 5631/5673/5705
Support: 5558/5525/5484

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
NO TECHNICAL/FUNDAMENTALS ARE WORKING, DUE TO NEWS DRIVEN OR PEER INFLUENCES. BETTER TO PLAY ONLY ON MOVEMENT, WITH STRICT SL.