We are nearing the exhaustion of the move from the bottom of 4720.Nifty needs to maintain above 5060 to keep the momentum up.On Friday we closed below 5060.On the downside the next level to watch is 4933.
Levels to watch on Spot Nifty :
No trading zone between 5058 to 5022 to avoid whipsaws.
Buy above 5058 with SL of 5042 for targets of 5076 - 5093 - 5111 - 5136
Sell below 5022 with SL of 5038 for targets of 5005 - 4987 - 4969 - 4945
Happy Trading !
Levels to watch on Spot Nifty :
No trading zone between 5058 to 5022 to avoid whipsaws.
Buy above 5058 with SL of 5042 for targets of 5076 - 5093 - 5111 - 5136
Sell below 5022 with SL of 5038 for targets of 5005 - 4987 - 4969 - 4945
Happy Trading !
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