Nifty: Resistance 5075/5151/5165/5194/5205-5210
Support 5050/5025/5005-4994/4963-4954-4949
Nifty made low at our highlighted support area of 4963 ( Low 4962.2 ) & rose by 100 pts intraday. View remains same... till 4963-4954 levels are held on downside, Nifty may show reversal in coming sessions. Sustaining below these levels, Nifty may see more deep correction. Intraday Nifty is expected open flat / -ve in line with Asian market. Immediate support pegged @ 5005-4994 zone & resistance @ 5075. Either side break may lead to further movement of 30-50 pts .
More Updates To Paid Members.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
May 18, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment