Nifty Spot ::
- Watch important Support 5865 & Important resistance 5978 for the day
Bulls > If Nifty holds 5915 on dwnside & sustain abve 5940 cn take long
- Watch important Support 5865 & Important resistance 5978 for the day
- In intraday trading on 4th June Wait n watch strong level 5940
Bears > If Nifty sustain blw 5940 & breaks 5915 go short for 5870/5840/5790 trgts
Bulls > If Nifty holds 5915 on dwnside & sustain abve 5940 cn take long
with strict 5907 s/l for 5978/6020/6050 trgts
Note >
Nifty momentum on the downside is likely to continue.
The trend might reverse to up for a few days (market still remains a sell on rise).
- Resistance for up move at > 5978/6020/6050
- Supports at > 5870/5840/5790
