09/08/2011 Trading Views

Nifty for the day made a high of 5204 low of 5054 and closed at 5123
which is 88 points down from the previous closing.

Nifty will be having resistance at 5235 and 5330 and it will find
support at 5050 and 5005. until its not going below there is possibilty for the Nifty to test 5230 and 5330.

Traders are asked to trade with strict stoplosses as the volatality is high.