Nifty Outlook (27th Sept – 1st Oct)
Nifty Spot Closed @ 6018
Supports @ 5945-5861-5777
Resistances @ 6077-6125-6300
Trend Decider @ 5920/6040
Strong/Weak Above/Below 5945.
For Last 4 Months, We only suggesting Upside Target and to Buy & Now Market @ New High after Jan,08. Market gave huge reward for those who followed Trend. This week Nifty has strong Support @ 5945-5861. Until & Unless Nifty spot Holds 5861, Its still Bullish. Momentum Indicator are close to Overbought which indicates profit booking @ higher lever. Avoid Aggressive Longs in Nifty @ Higher level. Its time to Hold with Trailing SL. Stock specific action will more buzz rather than Nifty.
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