Monday, March 22, 2010

NIFTY AS ON 22/03/2010


















Nifty Has Closed Below Last Two Days Close With Bearish Candle Showing  Short Term Weakness And Seems To Have Support At 5160 Levels And Resistance Seems At 5250 Levels So One Can Take Short Position Near 5240 With Sl 5310 Closeing  Also This Is Expiry Week And Since 2 Days Left For Expiry While There Is Holiday On 24/03/2010 For Ramnavmi So Tomorrow Shall Be A Volatile Day

LONG ABOVE  5235
Likely Trading Range 5165 – 5250
Imp Supp  5180
Imp Rest    5230

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