June 06, 2011

Share Tips, Stocks Tips, Nifty Tips, Bank Nifty Tips and Nifty daily for 06 June


The Share market is shown a Close down 0.70% and Nifty reported a down of 34pts at NSE index of Nifty 50. The Sensex for BSE is of down 118 pts at BSE index. The US economic Data for Jobless came to be 9.1% and Non-Farm employment change came at 54K. 
The share market report for European markets is showing red with Report of worst FTSE, Dow future was down 200 pts. Indian Share market equity ended down 0.70% due to weak global cues as Nifty is down by 34 pts to end at 5517 while BSE Sensex is 118 pts down to settle at 18376. Euro markets were 
mixed with FTSE down 38 pts at 584, DAX up 16 pts at 7091 & CAC down 3 pts. Dow future was down 200 pts.  


Nifty Trade Technical Analysis:
The Trend for nifty is Consolidate and it is suggested Nifty Tip that sell Nifty on Higher. 
Resistance: - 5546, 5599 
Support: - 5496, 5414


Bank Nifty Technical Analysis:
Bank nifty is Also suggested to Sell at high and the trend is
consolidate for Bank Nifty.
Resistance: - 10875, 11043
Support: - 10643, 10516
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