AS INDICATED NIFTY OPENS A GAP DOWN AND NOT STOPPED EVEN AROUND 5131. IT DRIFTS TOWARDS 5081 AND MADE A LOW OF 5076.70 AND FINALLY CLOSED AT 5087.30.
FOR TODAY: SURPRISINGLY, NIFTY FUTURE CLOSED AT 5112.10 WITH A PREMIUM OF 24.80 INDICATES BULLS ARE NOT WILLING TO HAND OVER THE DRIVER'S SEAT TO BEARS WITHOUT TOUGH FIGHT. TODAY WATCH 5080 AND 5068 (9SMA) ON THE DOWNSIDE BREACHING WHICH NIFTY MAY GO TILL 5021 AND 4965 LEVELS WHEREAS ON THE UPSIDE, 5131-5141/5177 WILL NOW ACT AS RESISTANCE. IN ANY CASE, 5224/5225 WILL BE TOUGH TO CROSS FOR THE TIME BEING.
LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES : CHECK HERE
DISCLAIMER: HOLDING NIFTY 5100 AND 5000 PE TAKEN YESTERDAY.
DISCLAIMER: HOLDING NIFTY 5100 AND 5000 PE TAKEN YESTERDAY.