MARKET TREND FOR 7MARCH 2012
OUR NIFTY STRANGLE STRATEGY GIVEN IS
ROCKING,IT IS GIVING 30-40 POINTS PROFIT AND CONTINUE TO HOLD.
High volatility was witnessed in
morning trade. The market trimmed gains in afternoon trade hitting high of 5362
. The lowest level touched was 5208.
The market will now shift focus to
next import triggered RBI policy and UNION BUDGET 2012 .Volatility of market
will be continue till the budget .
Key support area of 5280 through 5265
would most likely be breached in opening gap.
The index would find resistance near
5320-5340.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5335
|
SUPPORT1
|
5160
|
RESISTANCE2
|
5445
|
SUPPORT2
|
5095
|
RESISTANCE3
|
5618
|
SUPPORT3
|
4290
|