Google+ NIFTY INTRADAY VIEW FOR 03-30-2010 ~ NIFTY DEMYSTIFIED

Tuesday, March 30, 2010

NIFTY INTRADAY VIEW FOR 03-30-2010

As discussed on the last few days about one positional targets of Nifty @ 5350, it touched 5344 yesterday. though there is no weakness on the price part, but it's advisable to book longs and try some shorts with a smallest of stop losses.
Support: 5315 is pivotal for the day, below that nifty can give push towards 5280/75-5255. Intra day shorts should be booked around those levels.
Resistances: 5350 as of now. Sustaining above that it can bring 5390-5450/60 very easily before taking any pause.

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