Today’s supports for the NIFTY are placed at the 5445 and 5460 levels whereas resistances are placed at the 5510 and 5530 levels.
NIFTY (5,485.80) SU—5445--5460 RE—5510--5530.The 5430—5450 zones will be the near term support for the NIFTY.
On the upside we expect the levels of 5575--5600 levels to act as stiff resistance zones.
If NIFTY fails to take support between the 5450-5430 levels we would recommend a negative bias once again with possible targets of 5300 – 5250 levels.
No comments:
Post a Comment