October 06, 2010

Intraday View For 06/10/10

Nifty: Resistance 6222/6246/6282
Support 6212/6167/6118/6108/6082

Nifty again faced resistance at higher area & witnessed selling pressure to finally end -ve. For intraday, expect nifty to open gap up in line with bullish global cues. Expect immediate resistance @ 6246 in gap up opening... strong support pegged @ 6167. Next good move expected on break of either range.

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