Hi All,
Markets are likely to open on a flat to
positive note, tracking global markets, SGX Nifty is trading @ 8627 (+ 10
Points).
As said in the last update that Nifty has a
support near 8540 - 8470 levels, Yesterday It took support @ 8540 and bounce from the support gave a close near
to 8600. Sell on rise will be the strategy we should look forward with
Resistance near 8680 - 8730.
Areas to watch out
Supports @ 8540 - 8500 - 8470
Resistance @ 8630 - 8690 - 8730
Trade with Strict stoploss and with Proper
Money Management.
Regards,
Mayur S.
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