NIFTY RANGE BOUND: 5635-5751 SPOT
LEVEL, BREAK OUT WILL SHOW FURTHER MOVEMENT
The
NSE Nifty spot closed at 5691 with marginal volatility in a day before. If we
look in to the major technical lower indicators, all are showing negative
trend. But on the other hand, nifty spot is sustaining above the levels. From
few trading sessions, Nifty spot is making a range of 5635 to 5751 level. i.e.
trading between levels and approx 100 points. This volatility signals bigger
change in market whether up or down. Major stocks will have bigger change in
that time. We are here to direct you from buying and selling of those stocks.
Kindly consult our executives to start service of profitable trades. As per
technical, nifty spot is bullish at this point of time. Making short position
in nifty spot for longer period time will not be better idea.
Happy
Trading !!
Megha
Investments & Research Team
