It was overall sluggish week for Indian Stock Markets. Nifty has been unable to close above 5600 level for the fourth consecutive day. Nifty is facing a strong resistance in the zone of 5630-5650, until Nifty closes above this range, the short term trend remains bearish. Good support exists at 5535-5490 levels. Global markets may continue to play important role in the preparation of market sentiments.
Nifty Trading Tips For Monday (18-July) :
Trade long in Nifty above 5,565 levels else around 5,530 levels, with stop loss placed at 5,500, targeting 5,600-5,630 levels.
Nifty Trading Tips For Monday (18-July) :
Trade long in Nifty above 5,565 levels else around 5,530 levels, with stop loss placed at 5,500, targeting 5,600-5,630 levels.
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