June 07, 2011

Share tips, Stock and Indian Equity tips Daily Technical for 07 june

Share market India for equity is seen to be ended up 3% and Nifty at NSE is up by 15 pts and BSE Sensex up by 44 pts. Share market report of European Index EUR Sentix made a confidence for investors and it is came out at 3.5 vs. 10.9 & was expected at 9.4.The Share market and European markets for today also is in red with and reporting the worst CAC, Dow future was down 20 pts. 
Stocks report for Indian market is Nifty NSE and Sensex BSE ended marginally up due to weak global cues and the main reason for this stock market marginal end is a very disappointing US employment data as Nifty gained 15 pts to end at 5535 while Sensex was up by 44 pts to settle at 18429. The Stocks report for European markets is not satisfactory and FTSE down 7 pts at 5848, DAX down 13 pts at 7095 and CAC down 29 pts at 3862. Dow future was down 20 pts.
Nifty Technical View:
Nifty 07 June Resistance and Support:
Resistance: - 5570, 5630
Support: - 5510, 5440
The share market trend for nifty is consolidate and it is suggested to Sell nifty on higher.

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