Nifty: Resistance 5115/5151-5165/5194/5203
Support 5080/5050/5022/5005/4994/4949/4916
Nifty broke support of 5151 & crashed to close below 5100 mark. Nifty may open gap down near 5005 due extreme weak global cues. Blw 4994 (closing basis ) Nifty may see more fall to 4949-4915 zone. Abv 5022 may see some recovery upto 5080-5115.
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January 22, 2010
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