Today market was completely direction less. After making new high of level 7900 today
market slipped into the red. At the time of closing market touched 7882, which was below
from its crucial and psychological level of 7900.Nifty neither move
upside nor towards down side, just oscillating near the levels of 7885-7915 …
today nifty future started at 7909 made a high of 7915 and low of 7881, and closed
at 7882, total 34 points nifty future moved throughout the day..
For tomorrow we are expecting some good movement from the
market We need to watch out for the levels between 7930 - 7920 to begin with on
the upside if the Nifty manages to stay above this range we would see it moving
up further. In that case, the next range to monitor would be between 7940 and 7960—this
is formidable resistance zone once crossed firmly would see the Nifty scaling
up to the zone between 7965 and 7980 and beyond that 8000. Level 7850 will be
proved as very good supporting level for nifty, .If once it go to 7850 then
there will higher probability for nifty to touch 7800-7700 level once again.
More about intraday tips on Google +
RESISTANCE: 7890, 7920, 7950
SUPPORT: 7860, 7830, 7800
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