Expiry week is here. Readers who went through our weekly article last week
would have had no problem in navigating the twists and turns of the market.
For this week, market balance point is placed at 5925.
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| Nifty chart |
Resistance of nifty is placed at 5990 and 6030.
For nifty to trade in positive zone it must cross 6068.
In such a case nifty will move to 6140, 6210, 6250.
Support for nifty future is placed at 5850 & 5810.
Break below 5775, will take nifty to 5700 and 5630.
NEXT: chart predicts doom
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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