As discussed, the fall has halted @ 4860. A correction can bring higher levels in nifty.
Supports: 4910-4890 is very crucial for the day to maintain the upward momentum. Below that 4860-4840 can again be targeted and challenged. Below which 4775-4750 is very much possible.
Resistances: Above 4945, some more bullishness can be visible in nifty which can bring 4980/85 and 5000/05 respectively. Above that 5035 and 5065 is possible with positional resistance @ 5110-5160/65 in hand.
Bingo .....
ReplyDeleteI also see that you tend to post right in the middle of the night .. that is almost ... rather its more towads the morn ..
Keep up that long ? !!!!
Hi murtaza bhai, actually thats not bcoz of the absorbing approach towards market , rather it's sunday effect which made me post so late. :-p
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