May 21, 2009

Intraday View For 21/05/09

Nifty: Resistance 4296/4333/4360/4388
Support 4265/4240/4220/4178

Nifty remained volatile for consecutive day as expected.Nifty below 4265 if sustains, gets weak for intraday. With weak global cues, expect a gap down opening of 15-20 Pts in Nifty & with 4265 level deciding the further range for today.
Our Previous Delivery Cash Calls : Yes Bank, COMDI, BILPOWER & All Others Gave Great Returns. Now We Recommend To Take Delivery Position In GTOFFSHORE In Dips/CMP.

Commodity Levels For 21/05/09: Click Here
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