Expect markets to open Negative following Weak Global Markets.
Post Opening, Now 5073-5093 is a decent support area.
If holds 5073 & sustains above 5114, expect small pullback once again upto 5140/5160.
If breaks & sustains below 5073, could witness fall upto 5025/4997.
Key Nifty Futures Levels :
Supports : 5073 & 5035.
Resistances : 5114 & 5139.
Probable Trading Range : 5005 – 5135.
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Markets opened Gap-Down as expected.
ReplyDelete5073 did not offer major support.
As & when 5073 broke, Nifty cracked !!!
Nifty Fut Shorts 5073/5076 to 5042 !!!
Gain of almost 30++ points per lot. Book partial & Revise SL to cost now.