Strong Opening!!!

Indian markets to open on a Strong Positive note today tracking global markets, SGX Nifty is trading @ 7827 (+72 points)

Markets are likely to open strong @ 7800 - 7820 levels looking at SGX Nifty. As said in the last update a decisive break above 7800 - 7820 will lead Nifty today 7860 - 7900 levels.

However, Markets are likely to remain volatile because of FNO Expiry which is on 26-May-2016.

Areas to watch out :
Supports @ 7740 - 7700 - 7670
Resistance @ 7820 - 7880 - 7940

Trade with Strict stoploss and with Proper Money Management.

Regards,
Mayur S.