Monday 4 April 2016

Positive Start!!!

Indian shares are expected to start marginally higher, as a strong US jobs data on Friday lifted Asian equities today, offsetting weakness in oil prices.
Nifty is trading at daily resistance Zone of 7730 - 7780 - 7800 levels buying at this levels will be little risky.
Markets will be volatile because of RBI Monetary policy which will help tomorrow i.e, 5th April 2016. All eyes will be on Mr. Rajan RBI Governor.
Bias remains positive, and buying on dips will be advisable until Nifty holds 7600 - 7580 levels.
Supports @ 7660 - 7580 - 7520
Resistance @ 7760 - 7800 - 7840
Trade with Strict Stoploss and with Proper Money Management.
Regards,
Team ATC.

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