POSSIBLE INTRADAY SUPPORTS ARE 5925 AND 5900. BELOW 5900, NIFTY MAY TOUCH 5887 AND 5850. POSSIBLE INTRADAY RESISTANCES ARE NOW AT 5950 AND 5980. EXPECTED BOUNCE BACK FROM AROUND 5850 TOWARDS 5980/6000 IS ON THE WAY, THOUGH THE SAME MAY NOT BE SUSTAINED. AS PER OPTION DATA, NIFTY MAY TRADE BETWEEN 5800-6000 IN THIS EXPIRY AS OF NOW.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.
WATCH THE DATA AS WELL AS MARKET OUTLOOKS, AUTOMATED DAILY CALLS WITH SUPPORT AND RESISTANCE LEVELS UPDATED ON REAL TIME/DAILY BASIS.
