Expect markets to open on Negative Note following Negative US Markets & mixed Asian Markets.
Now Nifty Fut needs to cross critical resistance zone 5353-5367 for bounce back upto 5410/5430. If does not cross 5367, then lower levels of 5290/5267 could be retested.
Key Nifty Futures Levels :
Supports : 5309 & 5267.
Resistances : 5367 & 5396.
Probable Trading Range : 5267 – 5396.
Happened Exactly as Advised !!
ReplyDelete5267 Done !!!!
Could not cross 5353 Resistance.
Effect 5328 to 5267. Gains 60 points per lot.
Safe Traders book full gains in Shorts. Risk Takers revise SL 5300 for lower levels.