Global markets poised for turmoil as crucial greek vote decide the fate of Euro and survival of single currency bloc. Spain and Italy bond prices felt pressure and spiked to an unsustainable levels, it should impact negatively to stock markets but the hope for the quantitative easing and coordinated central bank liquidity operations help stock to rally yesterday. US markets closed at day's high on hope that next week's fed meeting will hint the new operation twist, as the one already running is expiring end of the month.

Nifty Trading Tips & Outlook Today:

Cautious approach with a positive bias on Nifty may be a good strategy as traders are expecting a pop after the election outcome in Greece, whether from the Election result of pro bailout party to come in to power or the liquidity injections followed by election disappointment. Nifty may be traded from buy side ith a target of 5200 ( spot ) in near term.