Nifty is looking for a gap down opening ..as we have informed 3 days back that 5338 on spot is a big hurdle for bulls , 2 failed attempts to cross 5338 were noticed in last 2 sessions ..
today is Friday ..reliance is coming with its numbers ..result is well known to all of us ..market participants are not very bullish on it ..acc and ambuja posted dips in profits ..therefore a volatile session with negatively biased mood can not be ruled out .
Trade in nifty futures according to these levels ..
Buy at / above: 5347 Targets: 5362 - 5381- 5399>>
Stoploss : 5329
Sell at / below: 5329 Targets: 5313 - 5295 - 5277 - 5258
Stoploss : 5347
Nifty closed at 5332 above trend line and below 5338 a crucial level...
today is Friday ..reliance is coming with its numbers ..result is well known to all of us ..market participants are not very bullish on it ..acc and ambuja posted dips in profits ..therefore a volatile session with negatively biased mood can not be ruled out .
Trade in nifty futures according to these levels ..
Buy at / above: 5347 Targets: 5362 - 5381- 5399>>
Stoploss : 5329
Sell at / below: 5329 Targets: 5313 - 5295 - 5277 - 5258
Stoploss : 5347
Nifty closed at 5332 above trend line and below 5338 a crucial level...
