April 07, 2011

Intraday View For 07-04-11

Nifty: Resistance 5925/5945/5959/5995/6006
Support 5880/5858/5840/5815/5777

Nifty closed Wednesday’s session with moderate losses amid a choppy trade. Today, nifty may open flat/-ve in line with Asian market. Immediate support @ 5880-5870... if breaks & sustain below this, Nifty may see 5850-5830 zone. On higher side, Nifty has resistance @ 5925-5945 range. Overall, Nifty looks sluggish & loosing momentum on higher side. Sideways moves with -ve bias can be seen in coming sessions.

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