POSSIBLE INTRADAY SUPPORTS ARE NOW 5740 AND 5700. BELOW 5700, NIFTY MAY TOUCH EVEN 5600 IN NEAR TERM. POSSIBLE INTRADAY RESISTANCES ARE NOW AT 5770 AND 5800/5820. THOSE WHO STUCK ON LONG SIDE, MAY EXIT AROUND 5800, IF IT COMES IN THIS EXPIRY. DUE TO BIG EVENT LIKE BUDGET AND EXPIRY WEEK, BETTER AVOID TRADING IN THIS WEEK. VOLATILITY WILL BE A PART OF MARKET IN THIS WEEK. AS PER OPTION DATA, NIFTY MAY TRADE BETWEEN 5700-5900 IN THIS EXPIRY AS OF NOW.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.
