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.
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