Monday, 21st march, First of all, Spot Nifty should open and sustain at least above 5375 in the opening bell. Nifty hurdle is at 5390. Spot Nifty will face the first Strong Resistance at 5405-5410 levels. above 5420 of Spot Nifty, Fresh buying will commence and Spot Nifty may reach 5450-5485-5510-5525 strong resistance-5560 levels. therwise, If Spot Nifty could not sustain 5375 in the opening bell then profit booking can pull the Spot Nifty Down up to 5350-5335-5320-5290 levels. panic selling may start below 5290 and Spot Nifty may come down at 5255-5215 Levels & Market will enter into a Bearish zone.
Nifty Intraday Levels for Monday 21 March 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5332 5291 5449 5524
Nifty Future Levels for Monday 21 March 2011
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5343 5300 5466 5545