Nifty surpass the crucial upside level of 5150 and made the good breakout with convincing volume as well. In nifty future now we could expect the level of 5200 & if it sustain this level might touch the level of 5225 as well. The short term resistance seems to be at the level of 5230 & after it the key resistance zone will be 5300 to 5305 for nifty. The support base is now looking at the level of 4990 to 5000.
Thursday, March 11, 2010
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