Hi friends,
Yesterdays expectation was that nifty would be negative to sideways but won't cross 6150 .And a closing below 6080 would be weak for market ,Nifty did go below 6080 intraday but managed to close above it.
Today being expiry day resistances or supports can be broken with ease:).If market remains above 6080 expiry can be above 6100 probably near 6150 ,If it remains below 6080 then it could be a negative day.
Happy trading..
Yesterdays expectation was that nifty would be negative to sideways but won't cross 6150 .And a closing below 6080 would be weak for market ,Nifty did go below 6080 intraday but managed to close above it.
Today being expiry day resistances or supports can be broken with ease:).If market remains above 6080 expiry can be above 6100 probably near 6150 ,If it remains below 6080 then it could be a negative day.
Happy trading..