POST MAREKT REPORT(04-03-10)

NIFTY TRIED TO TOUCH 5100 IN OPENING,BUT FAILD TO TOUCH EVEN THE FIRST RESISTANCE OF 5097 & REVERSED.TRADED BETWEEN 5050 T0 5090 FOR MOST OF THE TRADING DAY.IF 5100 NOT CROSSED ON FRIDAY,THEN IT WILL AGAIN CONSOLIDATE BETWEEN 5050-5090 LEVEL.SO EXPECT SOME RANGEBOUND TREADING UNTILL CROSS UP OR LOW LEVEL.WELL,PAUSE WAS EXPECTED AFTER SUCH A BIG JUMP FROM BUDGET ONWARDS,BUT MANAGING TO CLOSE ABOVE 5068,THAT CAN TAKE NIFTY TOWARDS 5168 KIND OF LEVEL IN NEXT WEEK OR SO.EVERY DECLINE FOR THE MOMENT IS A BUYING OPPERTUNITY FOR LONG TRADER TILL 5150-5165.