On Friday trading session the market open with firm note, but as soon as the day go through the market pick to rose, with the strong global cues the market open positively, moreover the opening of Asian market and hope of a quick Greek rescue package also aided gains. The nifty was gained 0.5% the top gainer was BPCL with 5% and HERO HONDA 4%, while the looser were AMBUJACEM and WIRO. The breadth of the market was good there 31 scrip were in advanced out of top 50.
on technical charting the nifty-50 index had start to form double bottom pattern but the vision is not so clear after 1-2 trading days it will be clear. For today the support @ 5256, while the resistance @ 5297
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