Hi friends.
Expectation for nifty was a test of 5600+-50 and then rise.Nifty went till 5680 and rose to 5800,Now nifty is on resistance ie 5820 today being policy day volatility can go real high.I expect nifty to test 5850 or 5950 then start one more dump towards 5550-5500.
Todays support 5760 resistance 5820 Lets see todays volatility and would refine the numbers more precisely.
Happy trading..
Expectation for nifty was a test of 5600+-50 and then rise.Nifty went till 5680 and rose to 5800,Now nifty is on resistance ie 5820 today being policy day volatility can go real high.I expect nifty to test 5850 or 5950 then start one more dump towards 5550-5500.
Todays support 5760 resistance 5820 Lets see todays volatility and would refine the numbers more precisely.
Happy trading..