It was mix trading session for Indian Stock Market this week. Both the benchmark indices closed flat with moderate gains . Nifty and Sensex both respectively closed with marginal gains of 1% and 1.1% for the week.
For Intraday Trading On Monday market is expected to open either flat or positive. Until, Nifty manages to breakout above 5,925 levels, volatility may be seen in 5,820-5985 range. On Monday if indices trade above 19670 / 5900 levels then they are likely to test 19780-19860 / 5,945 - 5,980 levels. On the downside, 19,493 - 19,410 / 5,830 - 5,800 levels are support for the day. Any breach below 5800 level would intensify the selling pressure.
For Intraday Trading On Monday market is expected to open either flat or positive. Until, Nifty manages to breakout above 5,925 levels, volatility may be seen in 5,820-5985 range. On Monday if indices trade above 19670 / 5900 levels then they are likely to test 19780-19860 / 5,945 - 5,980 levels. On the downside, 19,493 - 19,410 / 5,830 - 5,800 levels are support for the day. Any breach below 5800 level would intensify the selling pressure.
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