Nifty: Resistance 4880/4915/4945/4999
Support 4848/4832-4819/4800/4777
Nifty opened +ve but slowly witnessed pressure @ resistance zone & surrendered to Bears after EU mkt opened gap down. Nifty breached support zone of 4990 & closed below 4950 mark, which is a -ve sign for coming sessions. Today Nifty may open deep down with 65-75 pts in line with Global Cues. Immediate support pegged @ 4832... if breaks below this zone, then we may see some more booking setting in. As per yesterday's chart posted, keep eyes on 4800 zone. If close below this zone for 2-3 sessions, we may see some more booking coming in towards lower levels [For chart : CLICK HERE]. On higher side, above 4999 only, some bounce back can be seen towards 5050-5100 zone, else these bounces will short lived & will be shorted.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment