Nifty
The bands seems to have spun a web around nifty.
Nifty looks all set to test the first support level of 5211 tomorrow.
Only trading above 5304 will the momentum move to bulls and open up avenues for 5335 and 5385.
If 5211 holds nifty future will move to 5260 and 5290. On the other hand, failure to hold 5211 will mean
nifty will move to the logical retracement level of 5140 .
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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