Nifty Tips
Nifty future today get the strong support close to the crucial support zone of 5350 to 5355. Decisive closing below this support zone may slip the nifty future till the lower levels of 5295 to 5300 in near run. In the upside the next resistance seems to be at the levels of 5490 to 5500. The major resistance in the upside seems close to the level of 5550. Decisive closing above this resistance may take up it till the level of 5700 in near run. For intra day trading we recommend buy on dips in nifty future until it close below 5350 for the targets of 5450,5500.
Sensex is getting the strong short term support close to the levels of 17800 to 17850. Decisive closing below this support zone may slip the Sensex till the lower level of 17400 in near run. In the upside the immediate resistance seems close to the level of 18500. Decisive closing above this resistance may guide the Sensex towards the level of 18800 in near run.
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