Market open today after 3 days shuntdown. Normally global trends are in +ve mode. Dow ends +ve yesterday. Keep the levels of 4680 & 4735.
See the strong support level 4735. Yesterday's(Friday) low 4687. Nifty open with 20+ in morning. If Nifty trade above 4735 with volumes once again we will see 4820. Otherwise Nifty broken friday's low 4687, we will see 4650.
Today Nifty upper target 4800. Lower target 4600.
Anytime Bounce back in Nifty is balance. Who know this, when the nifty bounce back?
So trade carefully.
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TODAY SELL NIFTY AROUND 4690-4700 FOR TARGET1
4670, TARGET 2 4650 keep SL 4720
TODAY BUY NIFTY AROUND 4730-4740 FOR TARGET1
4765, TARGET2 4785 keep SL 4715
TODAY SELL NIFTY AROUND 4785-4800 FOR TARGET1
4765, TARGET2 4750 keep SL 4820
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SAFELY TRADING.
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