Nifty: Resistance 5151-5165/5182/5225/5236
Support 5115/5092/5050/5015-5005
Nifty remained in range for maximum time of the day & faced resistance at higher zone of 5115-5165. On the daily chart, we are witnessing series of narrow range candlestick bodies, which indicates indecisiveness and lack of clear trend. View still remain same as last week...sustaining below 5115, booking may set in ( with immediate supp @ 5092) & sustaining above 5151-5165 only some more upside can be seen ( immediate resis @ 5182 ).
Expect negative opening in line with Asian Market with rangebound trading in early session.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment