Negative to gap down opening is expected …5535 at spot is fib level and below it nifty is having no technical support till 5435 5465 … cement and banking sectors holded Nifty on Friday when Infy was pulling it down…who will perform this task for today’s trade, if no one will come up then be ready to watch nifty at 5465 or below it as it was traded on 10 Th and nifty may retest it to ensure double bottom … but if new low will be there and it will remained below it then be ready to witness for a bloody Monday .
Trade in Nifty futures as per these levels
Buy at / above: 5522 Targets: 5541 – 5566 – 5584 – 5603
Stoploss : 5499
Sell at / below: 5499 Targets: 5478 – 5460 – 5441-5426
Stoploss : 5522
remuka sugar is looking attractive may go long postional/ intraday trades at and above 24 keep sl 22 for targets 26 28 30..
Bullions may recover today after gap down start .
NIFTY OUTLOOK AND TRADING LEVELS FOR 15 APRIL 13
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