Google+ NIFTY INTRADAY VIEW FOR 01-18-2010 ~ NIFTY DEMYSTIFIED

Monday, January 18, 2010

NIFTY INTRADAY VIEW FOR 01-18-2010

 

Support: The lackluster movements of nifty is yet to witness any BO as shown on the above pics. Important support still lies @ 5245 give last day (low made 5245) and @ 5225. Holding these two levels nifty can regain momentum. Below that 5190-5170 and main support 5145-5120 are possible.
Resistances: 5275 still in tact. A volume BO above that can bring 5330/40 where it will be tested again.

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