Nifty Outlook For Tomorrow 16-March

0 comments
Nifty is expected to consolidate in a range of 5,200 to 5,650. Market is likely to be volatile as Advance tax figures trickle in and the RBI monetary policy is due on Thursday.

For Nifty Tomorrow the major support is there at 5,400 below further downside. On the other hand, the resistance is there at 5,520 and 5,565.

Looking at daily Nifty Charts and reports at present the narrow range body formation reflects indecisiveness prevailing at current levels. Hence, if indices trade above 18,230 / 5,470 levels then they are likely to test 18,410-18,550 / 5,510-5,550. On the downside, 17,950 - 17,740 / 5,375 - 5,320 are the crucial support levels for the indices. Any breach of 17,740 / 5,315 would intensify the selling pressure.

Get Daily Tips Directly on Email

Followers

Blogger news

What We Provide

We give Intraday Stock Tips, Markets Outlook, Nifty Tips Tomorrow, Futures Options Tips, Bank Nifty Tips, MCX Commodity Tips..

Free Trial Tips On Mobile By SMS

Subscribe us to get FREE TRIAL in stocks & commodity tips on your mobile by sms. We offer 2 days Free Trial for stock tips and commodity tips....... 2 Days Free Trial

Classified Ad Listing

FREE MCX and NCDEX DAILY TIPS ON MOBILE BY SMS
Get Daily MCX and NCDEX tips with more than 90% accuracy on your MOBILE phone by SMS. We provide sure shot MCX and NCDEX Commodity tips with atleast 3-5% return on an intraday trading basis.
Free Trial

Disclaimer

This blog is not intended as professional advice. The author disclaims any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.

Stock Market Trading Tips