NIFTY TODAY 16/03/10

For the Past 5 to 6 trading sessions Nifty is range bound between 5065 to 5150 levels. Break out on either side would give a clear trend.
Today Nifty above 5131 to 5135 would face Resistance at 5145, 5156, 5169, 5178, 5200. and below 5123
Supports on 5116, 5100, 5075, 5050.

INTRADAY RECOMMANDATION.

Buy STER abv 825 for tgt 839, 842 with s/l 820.