50 BPS CRR CUT BY RBI HELPS NIFTY TO ACHIEVE OUR TARGET OF 5131. IT MADE A HIGH OF 5141.05 AND CLOSED AT 5127.35
FOR TODAY, IF POSITIVE MOVE CONTINUES, WE MAY SEE THE RESISTANCE AT 5179 AND 5205 LEVEL. IF IN ANY CASE, IT CROSSED THESE HURDLES, SURELY IT WILL HIT 5221 (200DMA). HOWEVER, ON HIGHER LEVEL, CAUTION WILL BE NEEDED SINCE IT IS TRADING NEAR OVERBOUGHT ZONE. SUPPORT IS AT 5110/5089 LEVEL BREACHING IT MAY HIT 5032. VOLATILITY MAY BE SEEN DUE TO EXPIRY DAY.
LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES : CHECK HERE
DISCLAIMER: NO HOLDING
DISCLAIMER: NO HOLDING
