Intraday View For 27/04/10

Nifty: Resistance 5335-5353-5385-5409
Support 5315-5284-5252-5225-5210

Nifty, as expected, faced resistance @ 5335-5353 zone & corrected from those levels. Nifty is expected to open marginally gap down with weak Asian market. Nifty sustaining below 5315, can be weak for 5284 & lower levels.Nifty above 5353 (closing basis) can only be considered strong for tgt 5420+. Nifty may remain in range of 5353-5284 for the day... with either side break inviting next major moves in coming session. Please trade in low volumes till expiry.

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