Technical Positions and today Outlook and next possibilities have already been discussed in following topic yesterday therefore not being repeated today:-
"Post-closing Report(31-03-2011) & Tomorrow Outlook"
Global markets are calm therefore flat opening is expected. Nifty got good support between 5780-5800 therefore slipping below this range not expected. 5700-5900 is resistance range therefore consolidation required between this range and yesterday 94 points intra day fall from day's higher levels was a part of this process.
Whole day trading between yeterday range(5778-5872) expected and Nifty will not slip below 5778 and levels above 5900 will be seen between 2/3 sessions.
"Post-closing Report(31-03-2011) & Tomorrow Outlook"
Global markets are calm therefore flat opening is expected. Nifty got good support between 5780-5800 therefore slipping below this range not expected. 5700-5900 is resistance range therefore consolidation required between this range and yesterday 94 points intra day fall from day's higher levels was a part of this process.
Whole day trading between yeterday range(5778-5872) expected and Nifty will not slip below 5778 and levels above 5900 will be seen between 2/3 sessions.