Intraday Stock Market Trend 10th June 2011

IntradayStock Market Trend 10 June:- My Dear visitor’s, today on 9th June 2011 indian equitybenchmarks ended the session on a flat note amid very low volumetrade. The IndianStock Market has completely been directionless as it seemed thatit could be waiting for getting direction on either side – that is5400 on the downside and 5600 on the upside. I think, ultimatetrigger could be iip data will be declared tomorrow, and R.B.I.policy, which will be declared on 16th June, and/or any global event.You must have been noted that Nifty has been in a tight rangeof-5500-5550 for the fifth consecutive days. And still I believe,that level of 5650 is a tough resistance level of Spot Nifty  whichat present is very difficult to break and that’s why market willremain uncertain and sluggish for the time being.