Nifty: Resistance 5630/5647/5669/5697
Support 5605/5576/5550/5520
Nifty opened with marginal gain & remain stuck in a range of 15-20 pts for the maximum time of the day. Nifty is totally stuck in 5540/5630 zone. Either side break/sustain is needed too show more movement in coming session on either side. Aggressive traders may keep/make longs around support zone of 5576-5605. Today nifty may see a flat opening. Intraday, Nifty needs to sustain above 5647, on upside to head towards 5697-5720 zone. On lower side, Nifty has a good support @ 5576-5550. Breach & break below this zone, Nifty may see more selling pressure.
Overall, without any cues, Nifty may remain in a range.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Support 5605/5576/5550/5520
Nifty opened with marginal gain & remain stuck in a range of 15-20 pts for the maximum time of the day. Nifty is totally stuck in 5540/5630 zone. Either side break/sustain is needed too show more movement in coming session on either side. Aggressive traders may keep/make longs around support zone of 5576-5605. Today nifty may see a flat opening. Intraday, Nifty needs to sustain above 5647, on upside to head towards 5697-5720 zone. On lower side, Nifty has a good support @ 5576-5550. Breach & break below this zone, Nifty may see more selling pressure.
Overall, without any cues, Nifty may remain in a range.
Trade with levels.
Happy Trading.
For any query, be online at our chatroom.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
No comments:
Post a Comment