Market View for Thursday 23 Jun 2011

BSE Sensex

17550.63

Major Support

17492 – 17314 – 17295

Major Resistance

17678 – 17715 – 17925


NSE Nifty

5278.30

Major Support

5262 – 5257 – 5195

Major Resistance

5310 – 5322 – 5372


The markets continued to remain flat with dull activity as players tried to forget the tax mans news which was circulating in the markets two days back. For the day watch support @ 17314 for the Sensex and 5257 for the Nifty. On the higher side resistance comes in @ 17715 for the Sensex and 5322 for the Nifty. In between these levels it would be advisable to hold a low profile as the market players would remain directionless.

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