March 08, 2010

Intraday View For 08/03/10

Nifty: Resistance 5115/5145-5151/5165
Support 5050/5015-5005/4994/4949

Nifty faced stiff resistance given level of 5115...now though in current scenario market trend is up, which are defying technicals. We would still advice to avoid fresh buying at current levels & profit booking at higher levels are advised.Nifty is expected to open gap up with 40-50 pts in line with Asian market.
Our call bharti airtel given few days back @ 277 levels, is now 300+ :)

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