Indian markets to open Negative tracking global markets, SGX Nifty is trading 7748 (-33 points)
Yesterday we saw Nifty bounce back from 7770 levels but in the second half it took resistance @ 7880 - 7890 mark and hammered down 7735 and closed @ 7743.
As per SGX Nifty is likely to open near 7710 - 7720 levels which are crucial supports levels for going ahead. Will have to wait and watch for markets to give any signal going ahead.
Areas to watch out :
Supports @ 7720-7660-7570
Resistance @ 7780-7860-7890-7940
Supports @ 7720-7660-7570
Resistance @ 7780-7860-7890-7940
Bias remains negative until there is any reversal signal on hourly charts.
Trade with Strict Stoploss and with Proper Money Management.
Regards,
Mayur, S.
Mayur, S.
Hello sir! ur levels are very perfect. Thank you!!
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