Nifty Analysis for coming week 15-19/03/2010

Saturday, March 13, 2010

WEEK GONE BY
Nifty had a big weekly pause! Consolidated in a narrow spread of 66.05 points. Weekly low was 5092.05, weekly high was 5158.10
WEEK AHEAD
Nifty strong above 5180, cautiously +ve above 5090, weakish below 5050. Expect strong momentum above 5180 / below 5050 zones. Nifty weekly supports 5050-4930-4860, weekly resistances 5180-5240-5290.