Market Trend Today, Nifty Tips, Bank Nifty Updates-12 June 12

Today the Indian market opens for trade on a soft note.Sensex is trading at 16620, down 47 points from its previous close, and Nifty is at 5036, down 18 points.

Indian markets are expected to trade in a range with a downward bias on Tuesday as a European bailout for Spain's debt-stricken banks did little to convince investors that the spread of the debt crisis in Europe will be contained.

Nifty Resistance and Support Levels:-
S1-4980 S2-49300
R1-5100- R2-5150

Today Bank Nifty is trading at Rs 9983.25, up by 0.14% from its previous closing.
Bank Nifty Resistance and Support Levels:-
R1-10107 R2-10244 R3-10330
S1-9883 S2-9797 S3-9659