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Thursday, April 15, 2010

Today NIFTY 15/04/10

It is clear in Daily Charts that for the past few sessions NIFTY is trading in a range of 5290 - 5400 levels. A break on either side might give us about 100 to 110 points. Still we have resistance at 5442, 5455, 5467 and supports at 5247, 5235, 5222.

Today NIFTY above 5330, 5350, 5363, 5387, 5400 will act as Resistance and
below 5313, 5301, 5290, 5277, 5253, 5241, 5229 as Supports.

Buy SBIN if close above 2112 for tgt 2137, 2146, 2154 with s/l 2080.

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