Nifty: Resistance 4222/4248/4280/4333
Support 4180/4141/4110
Nifty witnessed profit booking for second consecutive day. As we posted earlier, below 4300, we may see more weakness. Now immediate support @ 4180, so we may expect bounce upto 4248/4280, if this level is held. Expect a flat/-ve opening in line with Asian Market.
We advised GTOFFSHORE as delivery pick in our yesterday's view. It jumped 10% intraday in dooming market. I hope all enjoyed. Still alot of steam is left in it, in mid/long term.
Commodity Levels For 22/05/09: Click Here
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