As expected, the Nifty did find resistance at 5894.95 a tad short of our predicted point.
The tipping point for today is at 5881 and the immediate support is at 5871. However, if Nifty manages to stay above the 5881 mark conclusively then it is headed for a new 52 week high with immediate resistances at 5905, 5919 and 5940.
Our outlook for today is continued up move with all out buying but with falling volumes.
The tipping point for today is at 5881 and the immediate support is at 5871. However, if Nifty manages to stay above the 5881 mark conclusively then it is headed for a new 52 week high with immediate resistances at 5905, 5919 and 5940.
Our outlook for today is continued up move with all out buying but with falling volumes.
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