NIFTY FUT (5887)
Closing Base Support and Resistance
Nifty Support at 5860-5852-5824
Nifty Support at 5860-5852-5824
Nifty Resistance at 5929-5959
Today market will open flat. Everybody is waiting for RBI Policy. Result season is also going on. We may see stock specific movements in the market. Still market is in positive range. Nifty is having good support at 5860. If nifty close below 5860 for two days then nifty may touch 5794-5720. Today we will see choppy trading range till noon session. Today we may see highly volatile market on higher side. Keep sl in every trade.
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Buy Nifty only above 5905 for the target of 5919-5932-5950 Keep closing base sl at 5890
Sell Nifty only below 5870 for the target of 5856-5843-5826 Keep sl of 5883 on closing basis.
