The immediate resistance for the Nifty is at 5865 above which only one might expect it to not remain weak; it will be strong only if it trades conclusively above 5896. Further resistances are at 5932 & 6024.
The immediate support is at 5814 which if breached may see bears emerge. Further supports are at 5773, 5706 & 5614.
Intraday traders are advised to go long above 5896 & go short below 5814.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
The immediate support is at 5814 which if breached may see bears emerge. Further supports are at 5773, 5706 & 5614.
Intraday traders are advised to go long above 5896 & go short below 5814.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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