MARKET TREND FOR19 MARCH 2012
Volatility ruled the market ,indices again turned negative in afternoon trade after UNION budget was announced . Today index started its journey from 5380 touched the high of 5441 in morning trade, but the negativity crept in finally index shattered at 5317 after touching low of 5313.
Even in the event of sell off till such time the market does not fall below the nifty zone between 5300-5280, the bulls could still stage a comeback. Bulls have to closely guard support area between 5240-5200 else there would be serious problem.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5400
|
SUPPORT1
|
5270
|
RESISTANCE2
|
5485
|
SUPPORT2
|
5229
|
RE SISTANCE3
|
5601
|
SUPPORT3
|
5190
|
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