Monday, March 5, 2012

Trade Plan - March 5, 2012


Nifty can go up on short covering rally above 5310 tomorrow towards 5365-5400. The trend is cautious ahead of the assembly election results, festival of holi and perhaps a cyclic pattern of bullishness started earlier this year likely to end for the short term. Support levels below 5265 is 5180-5225 zone.

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