Nifty: Resistance 3635/3662/3695/3720
Support 3595/3550/3536/3520
Yesterday as expected, Nifty again remained rangebound in 3582-3615 for the maximum time after opening gap-down. Yesterdaday, also we wrote that Nifty would find support @ 3520-3550 zone, low was 3550 & resistance told @ 3635 , High made 3634.40... Hence our prediction was 100% correct.
Nifty Trend: Nifty is expected to open flat/gap-up with 15-20 Pts. Nifty above 3610, may test 3635-3660 zone. Tommorow being the day of fate-decider of Indian Politics, we may see some booking in later hours.3720 on higher range, if not broken & sustained we may see gradual bookings till 3550-3440-3200 zone. So plan accordingly & trade safe.
Commodity Levels For 15-05-09: CLICK HERE
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