Nifty: Resistance 5315-5335-5353-5385-5409
Support 5284-5252-5225-5210
Nifty showed good movement again from lower support area & closed above 5300. Nifty may open gap-up with 25-30 Pts around 5335... where it will find immediate resistance. Above 5335, if sustained Nifty will find resistance @ 5353/5385. On downside, immediate strong support @ 5284. With expiry this week, Nifty may remain in range of 5200-5400... with either side break leading to big movement in coming days.
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April 26, 2010
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