Hi All,
Markets are likely to continue it
Northward journey, tracking global markets, SGX Nifty is trading @ 8760 (+57
Points).
Last week markets closed on a strong note @ 8683 and looks like it will continue it upward journey.
As Nifty is likely to break 8700
- 8720 resistance mark, now we have to wait and watch to see what happens next.
Next crucial resistance can be seen near by 8760 - 8800 - 8850 levels.
Areas to watch out :
Supports @ 8650 - 8620 - 8580 -
8560
Resistance @ 8720 - 8770 - 8800 -
8850
Trade with Strict stoploss and
with Proper Money Management.
Regards,
Mayur S.
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