Nifty: Resistance 5055/5075/5099/5115/5150
Support 5005-4990/4948-4936/4915/4888
Nifty performed as written in yesterday's post. Nifty faced resistance @ 5151 & below 5075 witnessed a sell off & Nifty closed below crucial support of 5050. Today, nifty may open flat/-ve. Intraday, immediate strong support pegged @ 5005-4990 zone. Nifty may try to see some holding of this zone & show some bounce back. Above 5055, if nifty holds, it may see some more upswing towards 5099-5115+ zone.
At this point, we would also like to advise traders to be stock specific .
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
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