March 09, 2010

Intraday View For 09/03/10

Nifty: Resistance 5145-5151/5165/5182
Support 5115/5092/5082-5050/5015-5005

Nifty made top @ our highlighted resistance zone of 5145. As written yesterday avoid, still we advice to avoid buying commitments. Nifty sustaining below 5115, we may see some profit booking till 5082-5050 zone... with 5092 to act as immediate support in between. Further upside rally sustaining above 5165. Expect flat opening in line with Asian Market.
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