Nifty: Resistance 5252/5275/5303/5333/5353
Support 5222/5202/5175-5165/5151/5115
Nifty moved 100% as written yesterday... it traded in "5165-5222" range for the max time of trade session & showed bounce from lower support zone & closed above 5222. Intraday, Nifty may open gap up with 15-20 Pts, in line with Asian Market. Immediate resistance @ 5275. Sustaining below 5222, some booking may come in.
Auto Stocks to be in focus.
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January 14, 2010
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