MARKET TREND FOR 6MARCH 2012
The index opened at the level of 5342 this
morning the weakness was in morning
session itself. Bulls were not strong enough to carry index upward.
Index dropped by nearly 80 points
hitting a low of 5272 in late trading session and finally settled at 5280. The market is trading in narrow range
bound situation probably election result will decide breakout or breakdown.
If index is firmly pushed above 5360
points then bulls would be the drivers. The major support area would be
5297-5280.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5325
|
SUPPORT1
|
5251
|
RESISTANCE2
|
5375
|
SUPPORT2
|
5223
|
RESISTANCE3
|
5450
|
SUPPORT3
|
5146
|
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