Nifty: Resistance 5945/5959/5994 /6006/6036
Support 5915/5888/5858/5840/5815
Nifty opened green but faced selling pressure at higher levels. 5945-5888 played important range for the day & Nifty finally ended flat. Nifty moved up with slight low volumes, which is a cautious point. For today, Nifty may open marginal -ve/flat in line with global cues. Intraday, Nifty range remains @ 5959-5888. Nifty needs to break this range with volumes, to move either side. Below 5888, sustaining with volumes, Nifty may see 5842-5815 range. Above 5959, Nifty may see upside swing till 5994-6006+ zone.
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April 06, 2011
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