Nifty Outlook 22nd March 2010

Today market looking very weak due to hike in repo rates and some negative news on international front as well.

We may see a big gap down opening.

If we see some 70-80 points gap down opening then we may see some consolidation in that range and some relief rally may be expected.

Important Nifty Levels for22nd March
Nifty Pivot	5218
Support
5205	5174	5142
Resistance
5272	5289	5304