April 28, 2010

Intraday View For 28/04/10

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

And again Nifty didn't crossed our resistance of 5335 1& corrected exactly from the zone. With extremely weak global cues, Nifty is expected to open -ve with 35-45 Pts. Nifty if goes below 5284, then can see 5252-5225 range. Expect 5225 to held for the day. Further, 5210 being very strong support.... if this too is broken, Nifty may set to test 5171 area in coming days. On upside, view remains same... above 5353 > 5420 may be tested.

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