As we have been advocating, we are in a bear market and those following our advice of playing on the short side might have made quite a killing.
The immediate resistance for today is at 5385 which if conquered will see nifty face further resistances at 5422 & 5483.
On the flip side the support is at 5330 & then at 5295, 5249 & 5158.
Intraday traders may keep shorting at higher levels.
Mid term investors may consider buying Hindustan Zinc at 107.35 & HCL tech at 1007.75.
The immediate resistance for today is at 5385 which if conquered will see nifty face further resistances at 5422 & 5483.
On the flip side the support is at 5330 & then at 5295, 5249 & 5158.
Intraday traders may keep shorting at higher levels.
Mid term investors may consider buying Hindustan Zinc at 107.35 & HCL tech at 1007.75.
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