Nifty may rally up to 5138-5161: Angel

Published on Thu, Mar 11, 2010 at 08:50 |  Source : Moneycontrol.com

Updated at Thu, Mar 11, 2010 at 08:52  

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Nifty may rally up to 5138-5161: Angel

According to Angel Broking report, if Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 5138-5161 levels.

Angel Broking report:

The trend deciding level for the day is 17103/ 5115 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17179 - 17259/ 5138 - 5161 levels. However, if Nify trades below 17103/ 5115 levels for the first half-an-hour of trade then it may correct up to 17023 - 16948/ 5093 - 5070 levels.

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To read the full report click on the attachment

  

Entities: Nifty
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