Markets were able to settle the week above their key levels while had a flat closing on Friday continuing its bull rally. Since last three sessions Nifty future is finding strong support around 6000 and it is expected to continue its bull rally if it maintains above this level and 6100 is seen as next important resistance for it. If it sustains below 6000 then support range is seen around 5960-5920. TREND: SIDEWAYS SUPPORT : 6000 & 5960 RESISTANCE: 6100 & 6140 Major Market News: Nifty closes week above 6000; oil & gas lead from front. DLF slips 2% as CCI modifies builder-buyer agreement. Sobha Developers reports Rs 5.33 bn in sales for Q3. Sebi rejects 149 consent pleas; 16 from RIL group. Suzlon Energy gains over 2% on approval of CDR package. For more info click here Stock Tips Commodity Tips
"Intraday Market Trend 07-01-2013"