Nifty witnessed the range bound movement today with less volume. In the downside it is still holding the support of 5200. In the upside it is facing the intra day resistance close to the level of 5300. Nifty might continue this upside consolidation for some more time. We recommend that traders could go for long in nifty future from their current levels until it made closing below the support levels of 5190 to 5200. In the upside we might expect the targets of 5300 to 5325 in near term.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment