Markets are likely to open on a flat to negative note, as SGX Nifty is trading 9 points lower.
Last day of the financial year, markets are likely to open flat to negative ahead of FNO Expiry.
Its trading at daily resistance of 7750-7710 levels so we can expect some kind of selling pressure today in the morning trades, however we are not suggesting to go short today as Markets will be volatile through out the day because of FNO Expiry.
Support will be near by 7700 - 7640 and resistance @ 7750 - 7800 levels, View will be wait and watch, Enter in to the trade when there is some evidence on the charts.
Will update view as markets progress and give proper trade based on the charts.
Regards,
Team ATC.
In this business if you're good, you're right six times out of ten. ypo're never going to be right nine times out of them.
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