Closing Base Support and Resistance
Nifty Support at 5681-5657-5621
Nifty Support at 5681-5657-5621
Nifty Resistance at 5735-5767-5799
Today market will open gap up. Yesterday we saw good bounce in market. Yesterday we told dont short sell and also told that market will bounce and see yesterday nifty once crossed 5700 and closed at 5696. Today we will see volatile market on higher side. Due to result season we will stock specific movement in the market. Keep sl in every trade.
Yesterday we told here if nifty sustain above 5604 then it may touch 5656 and see what happened nifty touched 5707. You can also predict this. This is a power of Technical Analysis. It is a power of Charts. (Very soon we are going to start Technical Analysis Course. Be in touch with us)
Buy Nifty only above 5711 for the target of 5727-5742-5757 Keep closing base sl at 5699
Sell Nifty only below 5680 for the target of 5664-5646-5629 Keep sl of 5695 on closing basis.
