April 27, 2012

Intraday View For 27/04/12

Nifty: Resistance 5210/5251/5275/5315
Support 5176/5151-5130/5111

Nifty had a flattish boring expiry. Nifty spent maximum time of the day in a 10-15 pts range. Nifty spent maximum time of month April in 5200-5300 range. Today, Nifty may open flattish in line with Asian market. View remains same as before. Nifty will face stiff resistance @ 5240-5251. If sustains, Nifty may head towards 5275-5300 zone. A close above 5333 may mark short term trend reversal for Nifty. On lower side, Nifty maintains support @ 5130-5151 zone. Close below it, nifty may turn more weak in coming days.

Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP