Nifty is showing volatility for two trading days. Volatility movement may be continuing till Nifty April future expiry in this week. In the next session Nifty is expected to trade in a range 5,852-5,905.
For daily purpose, trend deciding level is at 5,870. If Nifty shows strength above 5,870 levels, then rally to 5,900/5,950/6,000 levels may be seen. If Nifty does not show strength above 5,870 levels then profit booking till 5,835/5,780/5,725 may also be seen.
Bank Nifty Futures is expected to trade in the range 11,980-11,710. If moved beyond this range 12,060 may act as a strong resistance level while 11,550 may act as strong support levels.
For daily purpose, trend deciding level is at 5,870. If Nifty shows strength above 5,870 levels, then rally to 5,900/5,950/6,000 levels may be seen. If Nifty does not show strength above 5,870 levels then profit booking till 5,835/5,780/5,725 may also be seen.
Bank Nifty Futures is expected to trade in the range 11,980-11,710. If moved beyond this range 12,060 may act as a strong resistance level while 11,550 may act as strong support levels.
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