Intraday Stock Market Trend 8th June 2011

Intraday Stock Market Trend 8 June :- My Dear visitor’s, today 7th June, Indian equity benchmarks closed the session with moderate gains amid a choppy trade. overall it was another day of consolidation for the Market as it seemed that benchmarks could be waiting for some trigger like new RBI policy or any global event. But there is nothing to be happy about this up move, as,Nifty might pullback another 100-150 points on the upside from hereon, We might see Nifty something close to 5700-5750 more or less, then I feel it will definitely drift downwards, and will come down in the level of 5500-5450 again, and in extreme cases it may come down up to 5200.