pre market post was
spot Nifty was stopped by upper falling trend line passing through 5380
5300- 5325 will act as support ...
global and Asian cues are not supporting bulls..therefore a choppy session with profit booking at higher levels can not be ruled out .
Negative to gap down opening is expected ...
Trade in futures as per these levels
Buy at / above: 5402 Targets: 5417 - 5436 - 5454 - 5473
Stoploss : 5383
Sell at / below: 5383 Targets: 5368 - 5349 - 5331 - 5313
Stoploss : 5402
all levels above last traded price will act as resistance and levels below ltp will act as support ..so plan ur sls accordingly.
and nifty futures traded like this
spot Nifty was stopped by upper falling trend line passing through 5380
5300- 5325 will act as support ...
global and Asian cues are not supporting bulls..therefore a choppy session with profit booking at higher levels can not be ruled out .
Negative to gap down opening is expected ...
Trade in futures as per these levels
Buy at / above: 5402 Targets: 5417 - 5436 - 5454 - 5473
Stoploss : 5383
Sell at / below: 5383 Targets: 5368 - 5349 - 5331 - 5313
Stoploss : 5402
all levels above last traded price will act as resistance and levels below ltp will act as support ..so plan ur sls accordingly.
and nifty futures traded like this