NIFTY FUT (6006)
Closing Base Support and Resistance
Nifty Support at 5975-5950-5929
Nifty Support at 5975-5950-5929
Nifty Resistance at 6045-6071-6093
Today market will open little gap up. Yesterday's Inflation data was as lowest as November 2009. But yesterday market discount this data and remained choppy for the whole day and closed flat. Yesterday nifty could not broke its major resistance level of 6045 and returned to 6000 level. Today again nifty is having same major resistance at 6045 and major support at 5975. We recommend to remain neutral in this range of 5975 to 6045. If nifty close above 6045 then again we will see 6100 to 6300 level in coming days very quickly. Today market will remain volatile and may end flat to green side. Due to result season Keep sl in every trade.
Yesterday we told buy nifty above 6018 and our first target hit at 6033. You can also predict this way with the help of our Technical Analysis course. Very soon we are going to start Technical Analysis Course. Be in touch with us
Buy Nifty only above 6052 for the target of 6070-6086-6106 Keep closing base sl at 6040
Sell Nifty only below 5997 for the target of 5982-5966-5949 Keep closing base sl at 6010
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