Mktviews Daily Nifty View 23/03/2012

Expect Markets to open on a flat to positive note. 

Post steep cut of 175 points in Nifty Fut from day's high, Now,Nifty fut needs to cross critical resistance zone 5285-5298 for bouncing back upto 5324/5349. If does not cross 5298, then 5210/5184 could be retested. 

Key Supports : 5238 & 5209. 

Resistance : 5294 & 5324. 

Probable Trading Range : 5209-5324.