The Index opened up at 5,734.65 and finally closed at 5,660.65 rallying -68.30 points (-1.19%) .The Intraday high and low of the day were 5,740.40 and 5,651.05 respectively. This is uptrend going onso market is expected to follow the uptrend.Market is expected to fell down because of market fundamentals and profit booking.
The Nifty Futures also made an down rally of -68.30 points or (-1.19%) and finally settled at 5,660.65. The 30-share BSE Sensex was trading at 18,858.04 down -220.26 points
In upcoming trading session market is expected to be uptrend if it strongly trades between 5630 - 5730 in narrow perspective and in broad perspective it seems to be vary between 5595- 5765
SUPPORT AND RESISTANCE:
The Support and Resistance Zone for Nifty Spot levels would be
5630 ( support 1) 5595 (Support 2 )
5730 (Resistance 1) 5765 (Resistance 2 )
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