NIFTY SPOT SUSTAINING ABOVE
SUPPORTS
The
NSE Nifty spot closed at 5685 with marginal volatility. Major technical lower
indicators are showing sell signal, though nifty spot is not coming down and sustaining above
supports. Day Traders are advised to sell nifty spot only above 5700 level as
indicated in previous report. Currently, Stochastic is showing negative
diversion which is a positive factor for long position holders. Major
resistances are at 5717 and 5751 for day trades.
Happy
Trading !!
Megha
Investments & Research Team
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