NIFTY SUPPORT RESISTANCE TODAY
NIFTY RANGE of today: 5800-5900.
Today is the expiry day for April series. Operators’ main focus will be on the F&O positions. A large number of stocks are in F&O ban. Do not touch these stocks today as they will move in wild way depending on the muscle power of stock specific operators.STOCK MARKET today will open gap up and remain choppy in the first half.
It will become volatile in the second half and face technical resistance at 5880, 5900 and support at 5840, 5800. As predicted earlier market is seen the time correction and remain range bound, till then focus on the midcap space.
Use any down day to buy and positive day like today to book profit. All Small investors do the reverse. YESTERDAY’S FOMC meeting will mark the positive upside for the US markets which are already at 3 year high. This eventually lifts the world equity markets to new high.... CLICK HERE TO CONTINUE
