Nifty: Resistance 5251/5275/5315/5333
Support 5222/5210/5190/5165
Nifty remained highly volatile on expiry day of month March. Nifty after opening -ve, remained in this zone only, with some late trade jumps visible from 5165 zone. Today, Nifty may open flat/+ve in line with Asian market. As, Nifty April futures closed with 53.75 points premium, so we may see a opening arnd 5250+ zone. Nifty, has immediate resistance arnd 5251-5275 zone. If sustains, Nifty may move towards 5315-5333 zone. On lower side, Nifty has support pegged @ 5210-5190. Break below it , Nifty has support @ 5165, which it needs to hold [-/+ 50] zone, to keep upmove hopes alive. Break below this, Nifty may enter fresh down-channel & may hit 5050.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
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Support 5222/5210/5190/5165
Nifty remained highly volatile on expiry day of month March. Nifty after opening -ve, remained in this zone only, with some late trade jumps visible from 5165 zone. Today, Nifty may open flat/+ve in line with Asian market. As, Nifty April futures closed with 53.75 points premium, so we may see a opening arnd 5250+ zone. Nifty, has immediate resistance arnd 5251-5275 zone. If sustains, Nifty may move towards 5315-5333 zone. On lower side, Nifty has support pegged @ 5210-5190. Break below it , Nifty has support @ 5165, which it needs to hold [-/+ 50] zone, to keep upmove hopes alive. Break below this, Nifty may enter fresh down-channel & may hit 5050.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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