LAST CLOSE @ 5323
LAST 3 DAYS, THE NIFTY HAS BEEN TRADING IN RANGE BETWEEN 5270 - 5335. A MOVE OUT OF THIS RANGE SHOULD GIVE A DIRECTION FOR NIFTY.WE CAN LOOK FOR A BREAKOUT OF THIS RANGE VERY SOON.
YESTERDAY INDICATED ABOVE 5310...WILL TAKE TO 5325 - 5335 LEVELS. YESTERDAY MADE HIGH 5332.
WHAT TO EXPECT TODAY?
TODAY IF BULLS CAN TRADE AND SUSTAIN ABOVE 5323....WILL TAKE TO 5334 - 5347 LEVELS.
SIGNIFICANT RESISTANCE @ 5340.
ABOVE 5340....BULLS TRY TO HIT 5358 - 5366 LEVELS.
BELOW 5320....BEARS TRY TO KISS 5310 - 5287 LEVELS.
THEREAFTER 5272 AND 5240 ARE SUPPORTS.
STIFF RESISTANCE @ 5400 - 5410
STRONG SUPPORT @ 5215 - 5200 LEVELS
No comments:
Post a Comment