NIFTY TODAY
Today nifty traded in a tight range with positive bias. Volume was rather good. Market breath was positive with 32 advances and 18 declines. FII’s were net buyers for 586.51. DII’s were net sellers for 73.77. Nifty resisted around 5090 levels strongly and had a good support around 5040 levels. Open interest in nifty futures was not impressive.
NIFTY TOMORROW
For tomorrow trade 5095 and 5050 would be significant levels to be watched. As open interest in the nifty had come down, we should be very careful at higher levels. Let’s see what happens tomorrow.
NIFTY TIPS
BUY ABOVE 5095 T1 – 5120, T2 – 5145, T3 – 5170 STOPLOSS - 5080
SELL BELOW 5080 T1 – 5055, T2 – 5020, T3 – 4990 STOPLOS - 5095
Thanks for visiting!