CLOSING ALERT
As mentioned in my previous blog, NIFTY fails to stand above 5275-5300.
Todays US, CAC, DAX, FTSE all are negative. Only CAC is trading with some +ve bias.
Tommorrow NIFTY(spot) might give a gap down opening with immediate support at 5200. If it breaches 5200, then it is possible for us to see 5185, 5175, 5160 levels.
It is better to buy at these levels with strict stoploss of 5130 levels. Since NIFTY is rangebound for the past few weeks so there may be a possibilty that we may see 5235, and 5260 levels once again.
Happy trading to you all....
As mentioned in my previous blog, NIFTY fails to stand above 5275-5300.
Todays US, CAC, DAX, FTSE all are negative. Only CAC is trading with some +ve bias.
Tommorrow NIFTY(spot) might give a gap down opening with immediate support at 5200. If it breaches 5200, then it is possible for us to see 5185, 5175, 5160 levels.
It is better to buy at these levels with strict stoploss of 5130 levels. Since NIFTY is rangebound for the past few weeks so there may be a possibilty that we may see 5235, and 5260 levels once again.
Happy trading to you all....
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