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AS INDICATED ON FRIDAY, NIFTY OPENED AT 5217 (GAP-UP) WHICH IS ALSO DAY HIGH. HOWEVER, IT FILLED THE GAP DURING THE DAY AND THEREAFTER, CROSSED AND CLOSED ABOVE 5200 LEVEL.
FOR TODAY, WE MAY SEE A GAP DOWN OPENING. IF IN ANY CASE, NIFTY TRADES ABOVE 5221-24 AND STAY ABOVE THAT LEVEL, OUR NEXT TARGET WILL BE 5400. CAUTION IS NEEDED SINCE IT IS TRADING IN OVERBOUGHT ZONE. SUPPORT IS AT 5177/5131 LEVEL.
FOR TODAY, WE MAY SEE A GAP DOWN OPENING. IF IN ANY CASE, NIFTY TRADES ABOVE 5221-24 AND STAY ABOVE THAT LEVEL, OUR NEXT TARGET WILL BE 5400. CAUTION IS NEEDED SINCE IT IS TRADING IN OVERBOUGHT ZONE. SUPPORT IS AT 5177/5131 LEVEL.
LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES: CHECK HERE
DISCLAIMER: NO HOLDING
DISCLAIMER: NO HOLDING
