Google+ NIFTY INTRADAY VIEW FOR 05-06-2010 ~ NIFTY DEMYSTIFIED

Thursday, May 6, 2010

NIFTY INTRADAY VIEW FOR 05-06-2010


Supports: 5082-5070 is important. Holding that can bring some breather. Below which yesterday's low can be under threat for the downward target, 5020-4950, which can cause a bigger bounce from the bottom.
Resistances: Above 5135/40, 5165-85 possible, from where it may resume it's downtrend. 5112 will play pivotal in the day's trade.

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