Nifty: Resistance 5840-5845/5888/5906
Support 5815-5791/5777/5755/5735
Nifty showed some weakness at higher resistance zone of 5845. Now if nifty is not able to sustain this zone, it may see profit booking upto 5777-5755. In coming days, if it gives 2-3 continuous close below this level, Nifty may retrace back to blw 5600 levels. Intraday, Nifty may open flat/+ve & may see some upside in early trading session. Immediate resistance pegged @ 5840-45 range, if it is crossed & sustained, Nifty may see 5888. Positional bears may keep SL @ 5906.
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September 15, 2010
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