JAY SWAMINARAYAN...
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WE EXPECT IN THIS WEEK NIFTY WILL BE TRADE WITH NEGATIVE BIAS BETWEEN 5390 - 5660. IF NIFTY GIVE ANY BOUNCE NEAR 5650 - 5700 IT SHOULD BE GOOD OPPORTUNITY FOR OPEN FRESH SHORT WITH SL 5750 - 5840 FOR TGT 5480-5390. IF NIFTY WILL GIVE WEEKLY CLOSE BELLOW 5500 THEN WE MAY SEE MORE DOWN SIDE LEVELS IN NEXT WEEK. NOW NIFTY HAVE STRONG SUP AT 5390 - 5260 AND STRONG RES. AT 5750 - 5840.
NIFTY :: OP = 5477.65 , HI = 5564.40 , LO = 5472.45 , CL = 5551.45 .
