NIFTY expected to open gap up by 15+ points. Facing resistance between 2960 - 2970 levels. Crossover 2971 it will start up move again. Expect some choppy movements if not able to cross 2971.
Today Expect Positive Opening
Nifty crossing above 2950
will move up towards
2960 - 2994. Above 3001?
Will fly to hit
3030 - 3040
On the Lower Side
"NIFTY got multiple supports in small gaps. Markets will turn choppy if we trade negative"
NIFTY breaking below 2929
Can fall up to
2913 - 2885 - 2853. Below 2849?
It can move down up to
2816 - 2807 - 2774
Its safe to hold long NIFTY until it breaks down below 2850
Watch out for 2960 level today. If it is struggling to cross this mark book profits in long
"Your SL for longs should be 2850 on closing basis"
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