NIFTY TODAY
Today nifty was very volatile and managed to close above the 5000 level. Volume was rather good. Market breath was positive with 40 advances and 9 declines. FII’s were net sellers for 166.5 crores. DII’s were net buyers for 165.16 crores. Nifty had a positive closing however open interest was not impressive!
NIFTY TOMORROW
For tomorrow trade 5050 and 4975 levels are crucial levels to be watched. As nifty futures open interest was not impressive we should be very careful at higher levels. Let’s see what happens tomorrow.
NIFTY TIPS
BUY ABOVE 5030 T1 – 5065, T2 – 5095, T3 – 5115 STOPLOSS – 5015
SELL BELOW 5115 T1 – 4985, T2 – 4955, T3 – 4925 STOPLOSS – 5030
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