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Bulls were in relaxing mood. After 2 days of record breaking run bulls were taking a breathe in today’s session. Investors chose to stay light ahead of the crucial Sino-US trade talks scheduled for later in the week. Trading was also thin ahead of the Indian public holiday on Wednesday. The stock market will be shut on Wednesday on account of Eid al-Adha. Market was moving in a narrow range. The Sensex settled the day 7 points, higher at 38285. It hit an intraday record high of 38402 in early morning trade & nifty future closed the session at 11587 after making high of 11592 & low of 11553 led by banking stocks amid strong cues from global markets.
In this truncated week, Nifty future has already surged yet to a new high now with daily trends also turning positive. The support for the day is seen at 11522/11465 while resistance is seen at 11635/11670. We reiterate our bullish view on markets and suggest keeping “buy on dips” approach in Nifty future till it holds above 11550.OPEN THE BELOW LINK
http://niftytipsniftylevels.blogspot.com/p/enter-mobile-number-for-2-days-trial.html
OR WHATSAPP UR DETAILS ON 9039542248
Bulls were in relaxing mood. After 2 days of record breaking run bulls were taking a breathe in today’s session. Investors chose to stay light ahead of the crucial Sino-US trade talks scheduled for later in the week. Trading was also thin ahead of the Indian public holiday on Wednesday. The stock market will be shut on Wednesday on account of Eid al-Adha. Market was moving in a narrow range. The Sensex settled the day 7 points, higher at 38285. It hit an intraday record high of 38402 in early morning trade & nifty future closed the session at 11587 after making high of 11592 & low of 11553 led by banking stocks amid strong cues from global markets.
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Resistance: 11600, 11625, 11650
Support: 11475, 11430, 11400
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