MARKET TREND FOR 9 MARCH 2012
As we have seen the market movements today it seems that bulls are facing serious problems over here. After a slow start at 5207 ,it was difficult for index to cross level of 5250 in today’s trading session .
On the upside once 5280 is violated that would be the first resistance after that levels of 5297-5304 would be next resistance zone.
The support area of 5280 through 5265 would most likely be breached.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5250
|
SUPPORT1
|
5186
|
RESISTANCE2
|
5275
|
SUPPORT2
|
5150
|
RESISTANCE3
|
5340
|
SUPPORT3
|
5088
|