December 29, 2010

Intraday View For 29-12-10

Nifty: Resistance 6006/6036/6060/6083/6117
Support 5991/5963-5959/5945/5920

It was again a SSDD [same story , different day] for nifty. Nifty remained in a narrow range for the maximum time of the session & lacking traders interest. Today, Nifty may again open flat & may trade in 6006-6036 range in initial trading session. Intraday, immediate support @ 5991 & resistance @ 6036 .... expect a trendless session untill a break of either above mentioned range. Intraday traders, trade with strict SL.
Nifty above 6060 +ve
Nifty Below 5945-5959 -ve
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