Thursday 19 May 2016

Kabhi Uppar kabhi Niche!!!

Indian markets to open on a Negative note today tracking global markets, SGX Nifty is trading @ 7851 (-25 points)
Nifty is trading sideways from 4-5 trading session, so a break above 7900 - 79400 or below 7780 - 7770 will decide the future move.
Areas to watch out :
Supports @ 7830 - 7800 - 7770
Resistance @ 7890 - 7950 - 8000
Bias will be wait and watch as its trading in a range bound movement
Trade with Strict stoploss and with Proper Money Management.
Regards,
Mayur, S.

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