Market may have negative opening today. Supports for Nifty are at 2680-2700 and resistance at 2830-2840-2880. Market is ranged bound in a range of 2700-2880 for the past seventeen days. One has to now look for the breakout or breakdown of this range in either directions
Market may have negative opening today. Supports for Nifty are at 2680-2700 and resistance at 2830-2840-2880. Market is ranged bound in a range of 2700-2880 for the past seventeen days. One has to now look for the breakout or breakdown of this range in either directions.
Traders should now wait on the sidelines for the market to move out of this range to inititiate long/ short position with breakout/ breakdown of this range.
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