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Market Review for 19th March 2010

Nifty (5246) we said `technically 5300 is a possibility but that would be a strong resistance to deal with...strong supports exists at 5160' the market has traded flat with a positive bias managing to stay within our range...so far the trend is still intact up but crucial support to watch would be 5215 and that would be a first sign of weakness
The crucial support on the downside for the Nifty is 5215 and resistance at 5300
BSE Sensex: (17519) the crucial support on the Sensex on the downside is 17400 and resistance at 17635
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