MARKET TREND FOR 12 MARCH 2012
As we have seen in today’s trade
bulls have done their job to some extent, clearly index has been taken above
5300 . Now if it manages to stay here then bull will be seen on driver’s seat
again. The peak point of today was 5334,where as lowest point seen today was 5334,where
as lowest point touched was 5301
Once the hurdle of 5350 is crossed
lot of strength would be rendered to market for upward movement .
Bears on the other hand need to push
the index below major support range 5180-5200.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5355
|
SUPPORT1
|
5306
|
RESISTANCE2
|
5377
|
SUPPORT2
|
5279
|
RESISTANCE3
|
5426
|
SUPPORT3
|
5230
|