March 12, 2010

Intraday View For 12/03/10

Nifty: Resistance 5151-5165/5182/5225/5236
Support 5115/5092/5050/5015-5005


Nifty remained in a range & showed breakout in last hour & spurted above 5151.
Sustaining above 5151-5165 Nifty trends remains up... with immediate resistance @ 5182. Below 5115 Nifty may urn weak for some profit booking. Still buying at higher levels may be risky till sustaining of higher levels is not seen. Nifty may open gap up with 15-20 Pts.
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