Expect Mkts to open flat to positive in-line with global mkts.
Post opening, If Nifty Fut holds 5270, it can move up till 5335-5340 area. Further upside upto 5380/5423 only if crosses & sustains abv 5340.
If does not cross 5340, then will trade rangebound between 5270 - 5340. Weakness will be witnessed upto 5219/5195 if breaks & sustains below 5270.
Key Supports : 5270 & 5245. Resistance : 5335 & 5359. Probable Trading Range : 5245-5359.
Post opening, If Nifty Fut holds 5270, it can move up till 5335-5340 area. Further upside upto 5380/5423 only if crosses & sustains abv 5340.
If does not cross 5340, then will trade rangebound between 5270 - 5340. Weakness will be witnessed upto 5219/5195 if breaks & sustains below 5270.
Key Supports : 5270 & 5245. Resistance : 5335 & 5359. Probable Trading Range : 5245-5359.
Morning took support @ 5275.6..
ReplyDeleteAs a result moved upto 5340 area.
As soon as crossed & sustained abv 5340,
Result :: 5280 -->> 5340 -->> 5380...
Keep booking gains & Revise SL to 5333 now.