Expect Markets to open on a Positive Note following positive global peers on a/c of better than estimated jobless claims data in US & optimism about Greece recieving second bailout.
Post gap up opening, Nifty fut can move up till 5600-5610 area. Further upside upto 5640/5663 (positionally) only if crosses & sustains abv 5610.
Post gap up opening, Nifty fut can move up till 5600-5610 area. Further upside upto 5640/5663 (positionally) only if crosses & sustains abv 5610.
If does not cross 5610, then will be trade rangebound between 5535 - 5610. Weakness will be witnessed upto 5506/5472 if breaks & sustains below 5533.
Key Supports : 5535 & 5503.
Resistance : 5584 & 5612.
Probable Trading Range : 5506-5612
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