Thursday, April 14, 2011

15/04/2011 Intraday Trading Ideas

As we said the range yesterday the spot Nifty moved perfectly within the range now todays Nifty's closing is very important for the coming days if today spot Nifty closes above 5950 then we can see 6070 next 6178 in the near days or else we can expect a huge sell of it can test 5500 and below also .
Today there will be a gap up opening.

Today is Infosys Result so we can expect good volatility.

Levels for today

Support 5890 , 5870 , 5840
Resistance 5950 , 5983 , 6005 , 6030

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