Nifty: Resistance 5755/5777/5814/5840/5888
Support 5735-21/5705/5666/5630/5600
Nifty witnessed a decent breakout above resistance zone of 5685-5697 & went pass 5735 too to give a fresh breakout on charts. Today, Nifty may open with 10-15 pts gains. Now a minor hurdle @ 5755 & 5777, if sustained Nifty may extend its breakout rally towards 5888-5900 zone in coming days. Nifty has intraday support @ 5735-5721 range. Below 5721, Nifty may see some profit booking setting in. Over all, we may see a narrow session in early trade & either side break may give further move.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment