Nifty Tips
Indian Benchmark indices today closed with red mark making 0.6% lower. Nifty Down 33 points as it could not sustain the higher levels. Nifty Future was volatile in last trading session and faced difficulty to sustain at higher levels and closed below 5700 level. It may take some correction below 5630 level in coming trading session. One should adopt the strategy of sell at higher levels. Support is at 5624/5540 while Resistance is at 5755/5885 levels.
RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.
SUPPORT: It has first support close to the level of 5621 & below this level the next support is seen near 5540 mark.
Intraday Trading Strategy :
Adopt strategy to buy at higher levels
Short Nifty at 5750 for the intraday targets of 5730-5700
Intraday Trading Strategy :
Adopt strategy to buy at higher levels
Short Nifty at 5750 for the intraday targets of 5730-5700
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