May 07, 2008

Intraday View For 07/05/08

Nifty: Resistance 5160/5185/5200/5233/5295/5360
Supports 5130/5095-
5050/5030/5020

View: There are now alot of small hurdles in the way. Nifty turns strong now only sustaining above 5300 level. As we said yesterday also that 5000 is very strong support. As Global mkt is positive, so we may expect a positive/flat opening & a closing above 5200 will be a positive sign.

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