If NIFTY breaches 5668 and stays above atleast 5630 with good volume then NIFTY may see 5700 .If Nifty breaches 5536 and stays below 5570 then NIFTY is weak.Then expected lower targets are 5450.
If SENSEX breaches 18813 and stays above 18715 with good volume then possible upper targets are 18930 and 19100.If Sensex crosses 18423 and stays below 18521 level then Sensex is weak.Then expected lower targets are 18300 and 18150.
break out level to watch on NIFTY Spot- 5662
Intraday break down level to watch on NIFTY Spot- 5538
As it is clearly based on momentum and technicals it may have slight impact on Next trading session also.Some times we are considering news also.There are several methods to calculate support and resistance.If you have your own method for analysis we recommend to use that.All the above values are technical calculations with out any guarantee .Keep this values in mind while trading.Trade at your own risk.
If SENSEX breaches 18813 and stays above 18715 with good volume then possible upper targets are 18930 and 19100.If Sensex crosses 18423 and stays below 18521 level then Sensex is weak.Then expected lower targets are 18300 and 18150.
break out level to watch on NIFTY Spot- 5662
Intraday break down level to watch on NIFTY Spot- 5538
As it is clearly based on momentum and technicals it may have slight impact on Next trading session also.Some times we are considering news also.There are several methods to calculate support and resistance.If you have your own method for analysis we recommend to use that.All the above values are technical calculations with out any guarantee .Keep this values in mind while trading.Trade at your own risk.