Nifty: Resistance 3635/3662/3694/3707
Support 3618/3591/3550
As expected, Nifty saw booking from higher resistance levels & corrected almost 100 points from higher levels. Nifty Sustaining below 3635-3618 may lead to more booking. On upside 3694 is resistance, sustaining which decides further fate for this run to conitnue (Closing Basis). Stay light in your positions (Long/Short) this week, ahead of upcoming Election results this weekend. Expect a flat / +ve opening with 15-20 Pts on Nifty.
Commodity Levels For 11/05/09: CLICK HERE
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