Wait and Watch!!!

Hi All,

Markets are likely to open on a flat to positive note, tracking global markets, SGX Nifty is trading @ 8707 (-10 Points) (* As per Friday’s future closing (8672) Nifty is likely to open positive with 20-25 points Higher)

Markets are trading in a range of 8760 - 8470 and a break below 8470 and above 8760 will decide the future move.

Areas to watch out

Supports @ 8600 - 8540 - 8500 - 8470

Resistance @ 8730 - 8760 - 8800

Bias will be wait and watch for proper signal on charts and Trade with Strict stoploss and with Proper Money Management.

Regards,

Mayur S.