Monday 28 March 2016

Flat to start after a long weekend!!!

Markets are likely to open on a flat note, as SGX Nifty is trading 2 points higher.
Areas to watch out :
After a long weekend, Nifty is likely to open on a flat note, also the March F&O contract is going to expiry week 31-Mar-2016 (Thursday) so Markets are likely to be volatile these week.
Next levels to watch out will be 7730 - 7800 - 7840 and supports @ 7670-7650 - 7620 - 7590 levels
Bias remains positive until it close below 7640-7600 levels for short term,buying on dips will be advisable.
Will update view as markets progress and give proper trade based on the charts.
Regards,
Mayur. S

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