July 19, 2010

Intraday View For 19/07/10

Nifty: Resistance 5385/5409-5415-5420/5440/5455
Support 5377/5363/5353/5333/5315


Nifty saw a low participated market trading on Friday, with Nifty stuck in just 10 Pts. For today, Nifty may open marginal gap down. Immediate support @ 5363-5353 zone. On upside, resistance @ 5385 ... which if sustained, Nifty may see small jump. Intraday, Bulls commitment to be given sustaining above 5409 only.
Sustaining below 5353, Nifty gets weak to test lower support areas.

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