Monday, June 21, 2010


On fridayNIFTYclosed at higher level of 5300. It was overall range bound movement with negetive bias. One could expect soem more upside upside close to levels of 5335 to 5350 in near term.
Inthe DOWN SIDE INTRADAY support seems to be around the level of 5200, 5205.
Today the traders could focus onboth side if it will break 5300 then they could iniciate long for target of 5350 & if it does not break 5300 so they could go for sell on rise in it for the target of 5210 to 5215 in near term

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