April 21, 2010

Intraday View For 21/04/10

Nifty: Resistance 5252/5265/5284/5315/5333
Support 5225-5210/5180/5151/5115

Nifty had a volatile session with both side swings. Nifty has strong intraday support @ 5210 zone, which if broken on closing basis, can take Nifty to 5180. Nifty if closes below 5151, can go to 5050>4982 levels in coming sessions. On upside Nifty needs to clear & close above 5284, to move & cross 5315-5333. Nifty may open flat/+ve with 10-15 Pts gain.

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