Google+ NIFTY INTRA DAY VIEW FOR 01-06-2010 ~ NIFTY DEMYSTIFIED

Wednesday, January 6, 2010

NIFTY INTRA DAY VIEW FOR 01-06-2010


Supports: Immediate support lies @ 5272  & 5260, sustaining below that, can target further downside towards 5250-5225, 5220 can emerge as a potential buying zone, in case immediate support breaks.
Resistances: 5295 is clearly the immediate one. Above that most awaited 5333/40 zone will emerge. Which can very well be potential profit booking and shorting zone with strict s/l above 5355.


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