Our markets closed flat on July expiry , Nifty closes at 5408 +11 pts and Sensex at 17992 +34pts. Nifty mainly hover around 5380-5420 levels and closed flat. For the second consecutive day Reliance was in pressure and finally closes at 1013.20 -0.79%.

Major gainers for the day were Petronet, IFCI, IDFC, HDFC AND ICICIBANK.

From here on August series may see hurdles(supply zone) at 5450-5480 levels and supports at 5350(demand zone). Hence major range for Nifty 5300-5550 for this expiry, below 5300 weakness game in bears hands,  above 5550 uptrend to continue.

Ask: N/A   Bid: N/A   Change: +29.75   Trade Date: -   EPS Estimate Current Year: N/A   Market Capitalization: N/A   Change in Percent: +0.53%   EPS Estimate Next Year: N/A   50-day Moving Average: N/A   Percent Change From 200-day Moving Average: N/A   Previous Close: 5607.85   P/E Ratio: N/A   EBITDA: N/A   Last Trade: 5637.60   Volume: 0   52-week Range: 4538.50 - 5625.50   Stock Exchange: NSE

Ask: N/A   Bid: N/A   Change: +124.87   Trade Date: -   EPS Estimate Current Year: N/A   Market Capitalization: N/A   Change in Percent: +0.67%   EPS Estimate Next Year: N/A   50-day Moving Average: N/A   Percent Change From 200-day Moving Average: N/A   Previous Close: 18666.711   P/E Ratio: N/A   EBITDA: N/A   Last Trade: 18791.58   Volume: 0   52-week Range: 15330.60 - 18721.199   Stock Exchange: Bombay

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