FLAT DAY FOR NIFTY???
Nifty futures open with a gap of 20 points @ 4682 in line with Asian market.It spent the whole day consolidating between 4650 - 4700. Its pausing before a breakout on the upside above 4730, Now the support has gone upto 4550 - 4580 levels.
Tommorrow is the expiry, so expect volatiliy and we advise a cautious approach.Nifty may breakout of the high ie 4730 on the expiry itself or on the new series opening day.
Our view on Nifty is bullish unless a close below 4550 level, so any intraday dip is a buy with a stoploss of 4550 and a target of 4850 -4900.
For a precise Entry, Exit and Stoploss, visit our website www.aaksharstock.com and register for a free trial.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment