Markets moved in the consolidation phase till afternoon session and then gave a breakout from its key resistance levels and finally closed in green. Nifty future after breaking the key resistance of 5330 moved towards the next resistance of 5350. For the coming session, if it maintains above 5370 then it looks to move towards 5400 mark. While, if it again falls below 5330 then it can trade in the lower range of 5280-5240.
Market Technical View-6 July 2012
Linear Mode
