7770!!!

Indian markets to open on a flat note today tracking global markets, SGX Nifty is trading @ 7825 (-4 points)

On Friday we saw Nifty broke 7820 - 7800 levels but managed to took support @ 7780 - 7770 and closed above 7800 mark. Going ahead 7780 - 7770 will be crucial supports for Bulls.

Areas to watch out :

Supports @ 7770 - 7730 - 7670

Resistance @ 7850 - 7920 - 7950

Bias will change to negative if Nifty breaks 7780 - 7770 and sustains below this levels.

Trade with Strict stoploss and with Proper Money Management.

Regards,

Mayur, S.