Nifty Updates, Intraday Stock Tips for Tomorrow 27 April 2012

Nifty April expiry remained flat around the 5,200. For the may series we expect the index to trade in the range of 5,100-5,500. Initially some consolidation is expected in the range of 5,100-5,200 which should be followed by a rally to 5,500 levels. Going forward Nifty will face resistance at 5,210, 5,231 and 5,275 levels while the support is there at 5,173 and 5,148 levels. The support for Nifty comes at 5,100 level and the resistance at 5,235.

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