NIFTY TREND FOR 28/03/2012
Major Resistance Levels : 5299-5342-5392
Major Support Levels : 5178-5128-5085
Short / Middle Term Target : 4950-5010
Market is bearish. But, it is the time near the monthly settlement of futures and options. So, be careful to have positions tomorrow.
Nifty ( closing ) : 5243.15
Nifty gained 1.14% and closed at 5243.15. The expiry date for monthly settlements of future and option. So, market moved sideways and it was forecasted yesterday ( ref NIFTY TODAY : EPISODE 72). World markets were positive today. It fueled the upward rally in Indian market.
Our intraday TIP achieved first target today.
GOOD LUCK....
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