Google+ NIFTY INTRA DAY VIEW FOR 03-18-2010 ~ NIFTY DEMYSTIFIED

Thursday, March 18, 2010

NIFTY INTRA DAY VIEW FOR 03-18-2010

Supports: As positional targets looks to be on the upside, supports should be utilized as the buying opportunities. More the dip, more will be the profit potential. 5215 is the pivotal from intra-day perspective. Below that 5200-5165/70 is possible, which is a crucial zone as a mid term support. Below that 5140-5100 are the possibilities.
Resistances: 5255-5285 are the hurdles, intra day correction can be expected from these points. Above that 5340/50-5460 will be positional targets as discussed above.

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