Near Supports!!!

Nifty is likely to open on a Negative note tracking global markets.

Levels to watch out :
Supports @ 7580 - 7510 - 7480
Resistance @ 7650 - 7700 - 7740

Nifty is trading at daily supports @ 7600 - 7580 a decisively break below 7580 will lead Nifty till 7510 - 7480 levels. And Markets are likely to open in support area as SGX Nifty is down by 20+ points.

Bias will change to Negative if Nifty does not holds 7600 - 7580 levels and if Manage to break 7630-7650 levels then we may see a upside journey till 7700-7740 levels.

Trade with Strict Stoploss and with Proper Money Management.

Regards,
Team ATC.