May 05, 2010

Intraday View For 05/05/10

Nifty: Resistance 5151-5165/5190/5225/5252
Support 5115/5084/5050/5005

As written yesterday... Nifty below 5200 saw massive sell off in last hour trade. Now last hopes for bulls would be 5115, closing below it, it may lead to 5050-5000 levels. Above 5165, if sustained, Nifty may see some relief rally to 5190-5225 levels. Nifty is expected to open deep red with 60-70 pts down in line with Asian Market.


More details to our Paid Clients.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP