AMRESH B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER
There was substantial selling pressure seen in the market.Banking was the biggest contributor to yesterday's slump with oil & gas also playing its role to bring the markets down.After SBI's poor result banking stocks fall very sharply.The broader markets were under pressure.
Trading Strategy :-
Nifty closed near it's support level 5435. if it is break 5435. then immediate support level 5400 can test.Nifty has a strong support level of 5345.and i think it should not be broken for 1-2 days.Resistance for the Nifty is
5480 and 5530.
TECHNICAL ANALYST & PORTFOLIO MANAGER
There was substantial selling pressure seen in the market.Banking was the biggest contributor to yesterday's slump with oil & gas also playing its role to bring the markets down.After SBI's poor result banking stocks fall very sharply.The broader markets were under pressure.
Trading Strategy :-
Nifty closed near it's support level 5435. if it is break 5435. then immediate support level 5400 can test.Nifty has a strong support level of 5345.and i think it should not be broken for 1-2 days.Resistance for the Nifty is
5480 and 5530.
No comments:
Post a Comment