NIFTY STILL TRYING TO SUSTAIN
AGAINST SELLING: AGAIN IN OLD RANGE
The
NSE Nifty spot closed at 5643 up by 0.40% with the marginal volatility. If we
analyze the nifty spot movement in intraday time horizon, nifty is trying to
sustain against selling pressure and now entered in old range of 5635 to 5751.
This is not clearly indicating a particular trend of nifty spot. Some stocks
rise and some make low. In this regard, intraday traders are advised to be stay
away from market and enjoy their holiday for some period of time till market
acts with greater volatility in intraday
basis.
Happy
Trading !!
Megha
Investments & Research Team
