March 31, 2011

Intraday View For 31-03-11

Nifty: Resistance 5825/5840/5888/5905
Support 5777/5755/5735/5715/5694/5666

Indian market its rally for seventh consecutive day. Today, Nifty may open again partially +ve with 10-15 pts in line with Asian market. Nifty now has intraday resistance @ 5840 & support @ 5777. Good move can be seen on breaking of either this range.
With, today being expiry, We would advice to be refrain from leverage trading.


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