MARKET TREND FOR 5 MARCH 2012
Market reversed after positive start
in morning .It recovered from intraday low and alternately moved in positive
and negative terrain . The market hit intraday
high of 5368.45 in morning session itself. The low point
touched by index was 5354.78.
The crucial zone for the bulls to get
past would be 5370-5400 if index manages this on Monday upward momentum would
gather steam.
In case of any fall below 5297 index
would find support near 5280-5260.
We are ignoring Saturday session because
of low volume and low momentum.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5365
|
SUPPORT1
|
5350
|
RESISTANCE2
|
5378
|
SUPPORT2
|
5345
|
RESISTANCE3
|
5390
|
SUPPORT3
|
5330
|