December 28, 2010

Intraday View For 28-12-10

Nifty: Resistance 6006-6036-6060-6096
Support 5991-5972-5945-5913-5888

Nifty remained rangebound yet another session with -ve bias. For today, expect flat opening with -ve bias. Low level bounce back possible, from 5972 levels if tested. Nifty will again face resistance at higher level @ 6036-6060 range. Expect a range bound market, with further movement expected on either side break of levels.
TataPower looks +ve.
Eros looks +ve.
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