May 28, 2010

Intraday View For 28/05/10

Nifty: Resistance 5038-5050/5065/5084/5103
Support 5015-5005/4994-4981/4949/4936

Nifty had a good session on the last settlement day of May month. For intraday, Nifty is expected to open gap with 30-40 pts gain. Immediate support @ 5015-5005 & resistance @ 5038-5050 levels. Break & sustain of either range may lead to another 30-40 pts movement. Nifty may face selling pressure at higher range of 5084.

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