February 03, 2011

Intraday View For 03-02-11

Nifty: Resistance 5445-5455/5496/5504/5525/5556
Support 5420/5380/5375/5351

Nifty again faced resistance at higher zone & last hour sell off created some dent the recovery. For today, Nifty has strong supp @ 5420, sustaining below it, it may open for 5350 sub zone. On higher side, resistance pegged at higher zone @ 5496-5504... which if broken [closing basis] can lead to further rise upto 5600-5700 zone.

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