Technically, market was looking weak but, I thought due to Astrological support market might end in green. But, there was certainly some astrological support hence Nifty managed to close just below it's opening and support 5570 played very well.
Even thought technically market looks very weak but, there is certainly some astrological support that might play a significant role today. If market is opening above 5512 and stays there then there would be certainly positive day today target upto 5553-5590. And if market breaks below 5470 and stays there, then Nifty might test 5400 levels.
Even if we open in between 5470-5512 we should have some gains today, but not so exciting.
Technically, market was looking weak but, I thought due to Astrological support market might end in green. But, there was certainly some astrological support hence Nifty managed to close just below it's opening and support 5570 played very well.
ReplyDeleteEven thought technically market looks very weak but, there is certainly some astrological support that might play a significant role today. If market is opening above 5512 and stays there then there would be certainly positive day today target upto 5553-5590. And if market breaks below 5470 and stays there, then Nifty might test 5400 levels.
Even if we open in between 5470-5512 we should have some gains today, but not so exciting.
Happy Trading!!