Markets have opened 1% positive inline with Asian peers.
Now, 5459-5465 on Nifty Futures is a decent support area. If holds 5459, expect this upmove to continue upto 5540 area. If breaks and sustains below 5459, then 5418/5380 could be retested.
Key Supports : 5459 &5425. Resistance : 5498 & 5535. Probable Trading Range : 5425-5535
Now, 5459-5465 on Nifty Futures is a decent support area. If holds 5459, expect this upmove to continue upto 5540 area. If breaks and sustains below 5459, then 5418/5380 could be retested.
Key Supports : 5459 &5425. Resistance : 5498 & 5535. Probable Trading Range : 5425-5535
As advised, Nifty Futures took support around 5480 area & Moved up exactly upto 5540 area (High 5548.55).
ReplyDeleteSent Earlier : Now, 5459-5465 on Nifty Futures is a decent support area. If holds 5459, expect this upmove to continue upto 5540 area.