Nifty: Resistance 5131/5151/5165/5184/5209
Support 5115/5091-5080/5050/5007
Again, Nifty bounced from support area & closed above 5100 for the first time since May '08. Short term traders are advised to adopt stock specific strategy. With +ve global sentiments & Dow breaching sentimental levels of 10000, Nifty is expected to break 5150 in early trade with support @ 5080 range. On intraday basis, Nifty may test immediate resistance @ 5184 range & support @ 5115. Expect +ve opening with 20-30 Pts on Nifty
Tommorow we will be publishing our mahurat picks for this Diwali.
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