Bulls!!!

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.