Nifty: Resistance 5275-5284-5315-5335-5353-5385-5409
Support 5252-5225-5210-5180-5151
Nifty saw good movement on April F&O expiry.Nifty was able to hold the 5200 mark as expected.Now Nifty has immediate @ 5275-5284 range.... if sustained Nifty can see 5315-5335 zone. On downside Nifty has strong support @ 5210 (closing basis)... below which 5180-5151 can be expected. Nifty is expected to open gap up with 25-30 Pts in line with Asian market.
The Nifty April series expired flat month-on-month, with market-wide rollover seen at 65.25%, quite low compared to 84%% in last expiry (3-month average 83.4%). Nifty rollover was seen at 59.2%, compared to 65.7% in the earlier expiry (3-month average 70.1%).
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment