NS VIEWS:(22/3/2010)

RES:5274-5288-5298
SUP:5245-5222-5203

BUY ABOVE 5269 SL 5245 FOR TGTS 5274-5288
SELL BELOW 5245 SL 5261 FOR TGTS 5222-5203

TOMMORROW NIFTY MAY OPEN WEAK NEAR 5245-5233 LEVELS AND MAY DRIFT DOWN LOWER TO 5222-5214 LEVELS FROM WHERE AN INTRADAY BOUNCE IS EXPECTED TO 5245 -5252 LEVELS,FROM THERE AGAIN SOME SELLING MAY COME WHICH MAY SEE NIFTY FALLING TO 5203-5192 LEVELS WHICH WILL FORM A STRONG SUPPORT,AND NIFTY MAY AGAIN BOUNCE FROM THERE FOR TARGETS 5222-5245

IF NIFTY DOES NOT FALL BELOW 5245 AT OPEN THEN EXPECT A BOUNCE TO TEST 5256-5261 RANGE,IF BREAKSOUT ABOVE 5261 AND SUSTAINS ABV IT THEN MAY TEST 5274-5288 LEVELS.