Hi All,
Markets are likely to open on a flat to Negative note,
tracking global markets, SGX Nifty is trading @ 8614 (-13 Points)
Markets are trading in a range of 8730 - 8470 and a break below 8470 and above 8730 will decide the future move.
Areas to watch out
Supports @ 8600 - 8540 - 8500 - 8470
Resistance @ 8650 - 8680 - 8730 - 8760 - 8800
Bias for markets will be volatile as FNO contract is going to expiry on Thursday.
Trade with Strict stoploss and with Proper Money Management.
Regards,
Mayur S.
Markets are trading in a range of 8730 - 8470 and a break below 8470 and above 8730 will decide the future move.
Areas to watch out
Supports @ 8600 - 8540 - 8500 - 8470
Resistance @ 8650 - 8680 - 8730 - 8760 - 8800
Bias for markets will be volatile as FNO contract is going to expiry on Thursday.
Trade with Strict stoploss and with Proper Money Management.
Regards,
Mayur S.
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