March 25, 2009

Intraday View For 25/03/09

Nifty: Resistance 2951/2992/3005
Support 2925/2899/2880

Nifty rallied on back of extremely Bullish Global Sentiments but profit booking came in at higher resistance area. Nifty seems to be forming immediate base for short term with 2820 as important support.
Being tommorow Expiry day of March month, we may see alot of stock specific movements. Nifty may open flat/-ve & we may remain in a range with alot of stock specific movements with alot of volatility.
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