Supports: 5040-20 remains strong intra day support level. Below that 4975-4935 is the minimum target which can be nifty.
Resistances: Nifty is in downtrend, and this downtrend is under no threat as long it hovers below 5110-5126/38. Only a cross above that will signal a reversal with a possible target of 5165/70-5195.
What abt a pullback ro 5125 lvls? At least once ...
ReplyDeleteHi murtaza.. w e got the reply from mkt itself. Booked short near 4998. Now waiting for 5035 to re-enter.
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