Post negative opening, Nifty Futures can move up till 5132-5138 area.
Further upside upto 5174/5198 only if crosses & sustains abv 5138.
If Nifty Futures does not manage to cross 5138 zone, then will face selling pressure on all rises & trade rangebound 5083 - 5138.
Further Weakness will be witnessed upto 5051/5023 if breaks & sustains below 5083.
Further upside upto 5174/5198 only if crosses & sustains abv 5138.
If Nifty Futures does not manage to cross 5138 zone, then will face selling pressure on all rises & trade rangebound 5083 - 5138.
Further Weakness will be witnessed upto 5051/5023 if breaks & sustains below 5083.
Key Supports : 5083 & 5051.
Resistance : 5138 & 5171.
Probable Trading Range : 5051-5171 Regards, Team Market View Investments.
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5174++ hits as advised !!!
ReplyDeleteAdvised Support 5083. Low 5092 !!
What a bounce back to 5174 !!!
Keep booking gains