Bang on Target!!!

Indian markets to open on a Positive note today tracking global markets, SGX Nifty is trading @ 7963 (+19 points)

As updated in the last post that a sustainable move above 7800 - 7820 will lead Nifty today 7860 - 7900 levels. Yesterday Nifty went above 7900 and created a day high of 7941.

Today is expiry of FNO May contract, markets are likely to trade volatile. Book profits in long trade as Nifty touch the targets.

Areas to watch out :
Supports @ 7900 - 7880 - 7820
Resistance @ 7960 - 8000 - 8060

Trade with Strict stoploss and with Proper Money Management.

Regards,
Mayur S.