Hi All,
Further to yesterday's post, due to various conflicting signals, muted global markets and FNO Expiry, markets behaved in a very lackluster manner, which shows a lot of indecision.
For past 3 days, Nifty is moving in a tight range of less than 100 points, and a breakout above the resistances or supports mentioned in the previous update (Read here) will decide the trend going forward....
On the lower side 10270-10340 are crucial supports where as on higher side 10435-10550-10650-10750 are important hurdles for bulls.
Cheers ! ! !
Further to yesterday's post, due to various conflicting signals, muted global markets and FNO Expiry, markets behaved in a very lackluster manner, which shows a lot of indecision.
For past 3 days, Nifty is moving in a tight range of less than 100 points, and a breakout above the resistances or supports mentioned in the previous update (Read here) will decide the trend going forward....
On the lower side 10270-10340 are crucial supports where as on higher side 10435-10550-10650-10750 are important hurdles for bulls.
Cheers ! ! !
2 comments:
Do u think market is now sell on rise?
Yes. But with strict stop loss as per mentioned resistance levels and entertainment with favouarable risk reward
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