December 30, 2009

Intraday View For 30/12/09

Nifty: Resistance 5203/5222/5252/5275
Support 5165/5151/5115/5094

Nifty traded in a range with mixed sentiments & low volumes. Till 5115 is held on closing basis, traders may utilize dips for buy. Intraday, immediate support @ 5165 zone & resistance @ 5222. Nifty is expected to trade in this zone for initial trading hour. Expect flat/-ve opening in line with Asian Market.
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