December 05, 2008

Intraday View For 05/12/08

Nifty: Resistance 2830/2854/2880/2930
Support 2770/2730/2684/2660/2626

View: Nifty spurted 120Pts from our said area of 2680. (Yesterday We wrote that Intraday breakout possible above 2680 & same thing happened).
Today sustaining above 2830 may lead rally upto 2880.
US market corrected sharply yesterday & Asian market trading in green today.
We may open flat / negative & will trade in 2770-2830 zone in initial start.

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