Nifty: Resistance 5115/5128/5151/5184/5220
Support 5099/5080/5050/5042/5017
Nifty saw booking from resistance zone of 5151 (High 5144), led by Export-driven outsourcers such as Infosys and TCS - as the rupee climbed towards a 13-month high, but Nifty finally closed flat.On the daily charts we are witnessing a narrow range body which suggests uncertainty prevailing at current levels Till Nifty is above 5100, bulls have no reason to worry (Mid-term buying Sl @ 5050). For intraday, again, Nifty has resistance @ 5151 important support is pegged @ 5080/5050.
Expect flat/-ve opening in Nifty.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment