After Political worries & gloomy advance tax figures caused sharp cuts in key indices yesterday, Expect Nifty to open on a flat to positive note.
Post opening, Nifty fut can move up till 5441-5453 area. Further upside upto 5496/5528 only if crosses & sustains abv 5453.
If does not cross 5453, then will be trade rangebound between 5382 - 5453 till Budget is announced by FM.
Weakness will be witnessed upto 5340/5319 if breaks & sustains below support 5382.
If does not cross 5453, then will be trade rangebound between 5382 - 5453 till Budget is announced by FM.
Weakness will be witnessed upto 5340/5319 if breaks & sustains below support 5382.
Key Supports : 5382 & 5345.
Resistance : 5453 & 5496.
Probable Trading Range : 5345-5496
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