For intraday tomorrow Nifty is likely to open on a flat note. Today, Nifty showed good strength and closed in green with moderate gain. Nifty is trading in 5,380-5,615 range, until Nifty manages to show strength above 5,615 or below 5,380 levels, volatility and range bound scenario may be continuing. Traders should be cautious within this range.
For tomorrow trend deciding level is 5,550. If Nifty shows strength above 5,570 levels, then rally to 5,615/5,650/5,690 levels may be seen. On the downside if Nifty does not show strength above 5,550 levels then selling pressure till 5,520/5,480-5,450 may also be seen.
For tomorrow trend deciding level is 5,550. If Nifty shows strength above 5,570 levels, then rally to 5,615/5,650/5,690 levels may be seen. On the downside if Nifty does not show strength above 5,550 levels then selling pressure till 5,520/5,480-5,450 may also be seen.
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