March 30, 2011

Intraday View For 30-03-11

Nifty: Resistance 5777/5798/5835-5840/5888
Support 5755/5715/5695/5666/5630

Nifty continued its rally for sixth consecutive day. Today, again we may open again marginal green with 15-20 pts gain around 5777. Immediate resistance @ 5798, if this is cleared, Nifty will face resistance @ 5835-40 range. Over all, a small dip till 5666-5600 not ruled out, and would be even more healthier for more upmove. Nifty has now strong supp @ 5555. Intraday support @ 5755, sustaining below it, Nifty turns weak for small dip till 5715 & below.

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