November 26, 2009

Intraday View For 26/11/09

Nifty: Resistance 5115/5130-5151/5165/5174/5225
Support 5075/5051/5015

Nifty kept +ve momentum whole day, but faced resistance at higher level. Nifty is expected to remain volatile due to expiry of November series. Below 5115, Nifty may see 5090-5065 zone & on upside above 5115 +ve, but will face stiff resistance @ 5151-5165 (As we have been saying from past few days now).Today trade with strict SL on both long/short side. Expect flat/-ve opening with a volatile/rangebound session.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP