Nifty: Resistance 5477/5495/5525/5555
Support 5444/5421/5385/5355/5315
Nifty opened lower in red, but gained during the day with the course of time & closed above 5400 mark. Movement was also boosted by latest inflation data, which slipped to 26 months low. Today, nifty may open gap up with 30-35 pts. Nifty above 5450, may try to go towards 5500 mark. Immediate resistance @ 5477 - 5495. Above 5525, resistance @ 5555, breaching of this may lead rally towards 5650-5700 zone. On lower side, intraday support @ 5421, below it, we may see some profit booking towards 5385-5355. Overall health seems good.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment