iCharts Discussions

[sraj]

WORLD MARKET

Current status of world market looks good, reflecting this nifty spot may have resistance around 4865, 4883, above 4883 further good up move possible, same as 4826 may act as good support

NIFTY SPOT

Today if nifty spot breaks 4857 then further up move possible, even though there is some mild resistance up to 4883, above this level good for further up move and the up side target may be as per today’s levels, same as if nifty spot breaches 4826 then further down fall may continue and 4773 is the key point to watch for further big down fall,

This week we have expiry and budget, so any time assumption move in any side may possible, so be always perfect in your profit, generally if nifty spot closes above 4970 and 5000 then further continues up trend may come, so trade careful

NIFTY SPOT TODAY’S LEVELS

Nifty Spot above 4854 Target 4862 to 65, 4880 to 4883, 4929, 4939, 4953, 4967, 4982

Nifty Spot below 4826 Target 4793, 4773, 4713, 4661, 4647 to 4642, 4593

thanks
saravanabalaaji