Mktviews Fresh Nifty View 08/05/2012

Post Opening, Nifty Futures is see-sawing between 5080-5120 & trading with sharp spikes on both sides. 

Going forward, 

If 5115-5125 is not crossed, expect lower levels of 5035/5005 to be retested. 

Upside upto 5156/5179 only if 5125 is crossed & sustained with volumes

 

 

 

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