NIFTY UPDATES for 28th JUNE.

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Market will open flat and remain in consolidation
mode in the first half. Today market lacks any
trigger to move in either direction. Today market
will be direction-less in the 1st half with
resistance at 5320 and support at 5240. If it
sustains above 5320 for some time bear will run
for cover giving quick fire return in nifty. So
be alert today. Opening in European market will
provide cue for the further direction today.
Today Midcap space is the safest and most
profitable.

The following are the cues to help you in trade
today.

• US markets on Friday closed flat &
positive.
• Asian market opened flat to positive.
• SGX nifty is up 6 point.
• Dollar index is below 85.30, monitor it
closely.
• Gold at $1257 and crude is at $79.19.
• London future is up 38 points at 8 am.
• Dow future is up 9 points at 8 am.


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