Monday, April 5, 2010

View remains the same...Bulls to push markets up in the short term ...


Markets on friday broke the key resistance level of 5283 and closed above that.

The view remains the same and markets are set to test the short term target of 5370 levels.

The build up of 67 lakhs OI in 5200 puts also is suggesting a bullish move in the near term.



Resistance levels : 5296, 5311, 5336

Support levels : 5283, 5266, 5243

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