Nifty: Resistance 3110/3150/3170
Support 3055/3033/3005/2990
Nifty took support at lower levels & we saw a big rally from lower level. Now only one big resistance is seen @ 3150-3170 which has been very difficult for Nifty in past few months to go past. Above it we may break the jinx & may move forward to higher levels which has not been touched from past few months.
Above it we may see 3440 levels technically.... so plan accordingly. Alot of volatility will start to come in from next week after Elections starts.
Nifty may open Gap-Up with 25-40 Pts on back of strong global markets.We have a long weekend starting tommorow, so we will advice not to take un-hedged positions on either sides.
We Published Few Portfolio Stocks Past Week, They Are Already Up By 10%-15%.
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