Nifty Intraday Levels & Trading Strategy for 10-Feb

It was another volatile session in Indian Stock Market. Markets traded in high choppiness and closed in red. Technically Nifty's short term trend is bearish and Nifty is trading below important support level of 5350. It is expecting that weakness may continue below 5,350 levels. Nifty also has important support at 5,225 levels, if Nifty show strength from 5,225 levels then volatility within 5,225-5,350 range may be seen.

Trading Strategy For Tomorrow :

For Intraday tomorrow, trend deciding level is at 5,225-5,250. If Nifty shows strength to trade above 5,225-5,250 level, then rally to 5,350/5,440 levels may be seen. On the other side if Nifty fails to trades above 5,225 levels then selling pressure till 5,160/5,100 may also be seen.

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