Nifty today trade with the negative biasness for the whole day and in the end closed with the modest loss. In the upside the key resistance point for it is 5400. Closing above may rise up till the higher level of 5500 in short term. As now in short term we might expect some range bound movement in market and could correct from the higher levels. So we recommend that if it does not break 5400 then traders could go for sell on rise in it for the target of 5250 to 5260 in intra day.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment