Today's Nifty Strategy 5-3-2013

Yesterday Nifty Closed at 5716.85

Market is stuck in Consolidation Phase

Since last two days market remained neutral

 

Today market open flat and may remain choppy.

Today Nifty may trade in very narrow range.

On chart Still Nifty is in down trend. 
So wait for buying signal on chart.   

Today if Nifty breaks 5670 then it may touch
5656-5623-5600.
Keep Stop loss for short sell at 5787 (closing basis) 
  

Nifty Resistance for Today at 5732-5759

and 

Very Crucial Support at 5700-5672.

If nifty sustain above 5760 for 15 Minutes

then  only Buy Nifty, it may touch 5780-5805  

Remember since last five days, we are telling  
Nifty below 5751 nifty may touch 5580 in coming days.

Will nifty touch today 5580 or bounce above 5760  

 Read Disclaimer