Tuesday 23 August 2016

Volatility to continue!!!

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.

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