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Thursday, March 25, 2010

Today NIFTY 25/03/10

Nifty formed a 'Channel' in Daily charts. This may create a  heavy downside below 5070, but in the interim with minor supports at 5158, 5100.

Today Nifty above 5233, 5248-51, 5261-65, 5273, 5285, 5292-97 are Resistance

and below 5210, 5199, 5192, 5187, 5175, 5165, 5140 will be Supports.

Intraday Recommandation
Sell ABAN below 1170 for tgt 1160, 1155 with s/l 1179
Buy Canbk above 402 for tgt 407, 411 with s/l 396

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