Today Nifty was very volatile,.the hourly charts which signaled a minor rally @ 9964 gave an exit signal @10195 levels.
As per now market has no visible trends. So nifty can be very much range bound. In a range bond market one has to stick to range bound strategies for trading.
I feel the range of nifty is between 10300 and 9800. levels.
On the downside key levels to watch out are 10130 ,10050
On the upside key levels to watch out are 10315,10555.
In coming sessions if index breaks todays low that is 10195 we cans see support at 10130 levels
As per now market has no visible trends. So nifty can be very much range bound. In a range bond market one has to stick to range bound strategies for trading.
I feel the range of nifty is between 10300 and 9800. levels.
On the downside key levels to watch out are 10130 ,10050
On the upside key levels to watch out are 10315,10555.
In coming sessions if index breaks todays low that is 10195 we cans see support at 10130 levels
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