NIFTY FUT (5726)
Closing Base Support and Resistance
Nifty Support at 5695-5681
Nifty Support at 5695-5681
Nifty Resistance at 5751-5798
Today market will open flat. Yesterday we saw nifty opened in gap up as April month's F&O series was in premium side. Yesterday whole day nifty sustained above 5700 and closed above 5700 at 5726. Today one more day nifty could sustain above 5710 then nifty may bounce to 5800 to 5900 in coming days. Today if nifty close below 5695 then remain neutral in market.
Yesterday we told nifty resistance at 5740 and nifty made high of 5743 and returned. This is a power of Technical Analysis. It is a power of Charts.
Buy nifty only above 5744 for the target of 5760-5777 Keep sl of 55730 on closing basis.
Sell Nifty only below 5680 for the target of 5661-5637 keep sl of 5692 on closing basis.
(High Risk Trade.)
