NIFTY SPOT : 7790.45
Hi,
Readers,
As expected
and mentioned in my earlier blogs Nifty has touched all time new high and has given
all time high weekly close.
We have truncated
expiry week ahead with holiday on Tuesday.
Expect
volatile moves in Nifty.
For Nifty
major support area is 7580- 7600. And resistance at 7900-7950 levels.
Till expiry only
trading can be a good strategy i.e. sell near resistance area mentioned above and
buy near support area mentioned above.
Charts are
indicating that probably in coming days it will be Bank Nifty which shall
decide the movement of Nifty.
Trade
Accordingly.
No comments:
Post a Comment