Buy Nifty 5800 call @40 tg 74,98 sl 19
Buy LT future above 1690 tg 1711,1734
sl 1659
Sell Bhartiartl future below 276 tg
273,269 sl 278.70
NIFTY OUTLOOK FOR TOMORROW
It was a good day for the
Indian equities as index closed up 1%. The Nifty ended at
5,695.55. In
all likelihood, we are going to see a strong opening above 5700-level on monday.
In doing so, it would trade above the critical resistance zone for the day
between 5700 and 5720....
In order to maintain the bullish tempo, the index needs
to stay above this range if it manages
to do that then we are likely to see strong upswing in the day’s trading. Another
very important supply zone is located between the Nifty levels of 5725 and 5750 the
bulls need to take it out successfully to make further progress. However, once
cleared firmly, this would act as a support range and help the Nifty move up
even further.
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RESISTANCE:5700 5720, 5750
SUPPORT :5680, 5650,
5630