18/06/2012 Trading View

Nifty made a low of 5069 high of 5146 and closed at 5139 which is 84 points up from previous close.

Nifty has come to the resistance zone of 5170-5200 on crossing this zone it can go up to 5380.

Nifty will find support at 5070 .

As today is RBI monetary policy announcement day it will be the trend deciding day and lot of volatility will be there so trade cautiously with strict stop loss.