Monday, March 18, 2013

S&P CNX Nifty for 19 March 2013

The market could not conquer the 5850 mark in last trading session which in fact turned out to be the stiff resistance.
The tipping point for today is at 5835 and immediate resistance is at 5848 and 5871.
On the flip side support is at 5802 and 5781.
Our outlook for the day is continued consolidation with bullish bias as long as it stays above 5781 mark.

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