Nifty likely to open on a positive note tracking global markets.
Market on Tuesday witnessed the biggest one-day fall in last two months after an expected rate cut of 25 basis points by the Reserve Bank. Both Sensex and Nifty closed 2 percent lower.
Nifty is trading at daily supports @ 7600 - 7580 a decisively break below 7580 will lead Nifty till 7510 - 7480 levels.
Bias remains positive until Nifty holds 7600 - 7580 levels and resistance can be seen near 7650 - 7700 levels.
Trade with Strict Stoploss and with Proper Money Management.
Regards,
Team ATC.
No comments:
Post a Comment