Tuesday 3 May 2016

Hold on!!!

Indian markets to open flat to Negative, tracking global markets, SGX Nifty is trading 7823 (-15 points)
Nifty is trading at daily window support of 7770 - 7720, We yesterday Nifty is trading in a range of 7830 - 7777 a break above or below these levels will decide the further move of markets.
Areas to watch out :
Supports @ 7790-7770-7720
Resistance @ 7860-7890-7940
Bias will be wait and watch and a break below 7770 or above 7830 will decide the further move.
Trade with Strict Stoploss and with Proper Money Management.
Regards,
Mayur, S.

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