Volatility continued on the march F&O expiry day
28 march 2019. Nifty closed with a gain of 778 points and it was the highest
expiry-to-expiry gains since January 2015 series. Bulls took the charge on D-
street took nifty above 11550 on the March expiry day. The Sensex was up 412
points at 38545, while Nifty is up 136 points at 11581.
The nifty is all set to head towards its lifetime high
of 11750 and take an aim at 12000 in this pre-election rally. We continue with
our optimistic stance and sooner or later, expect the index to head towards its
record high. For the coming session, 11650 followed by 11750 has become a
sturdy wall now and on the flipside, we do not expect the Nifty to breach and
sustain below the sacrosanct level of 11400.
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Resistance: 11600, 11650, 11700
Support: 11400, 11350, 11300
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