Intraday Trend-25/04/2013

Markets after showing choppy movements for the whole session ended flat but maintained its positive bias. Nifty future found its intraday support around 5800 and reversed towards the immediate resistance of 5850. F&O Expiry will affect the volatility where 5870-5900 will act as strict resistance and closing around these levels will strengthen the bulls further.  On lower side, 5790-5750 may act as support levels from where reversals may happen.

TREND: SIDEWAYS

SUPPORT : 5790 & 5730

RESISTANCE : 5870 & 5920

 

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