Nifty: Resistance 4957/4966/4984/5005/5025/5052
Supports 4908/4893/4858-4848-4838/4818/4770
Nifty managed to remain in +ve zone for the whole day, with good volatile session. With extremely weak global cues, Nifty may open deep down with 60-75 pts. We still hold the view that Nifty may manage to rebound soon from current levels, if manages to close above 4900. Intraday, Nifty has strong support @ 4838 & 4818. Speculators may try to buy around this range for a momentum bounce. Immediate stiff resistance @ 4984, above which we may see some good bounce back to 5100+ zone.
Accumulate RelInfra , RIL.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment