Support- 15180-15200 Resistance- 15680-15700 As there is no s | Stock Shiksha
Support- 15180-15200 Resistance- 15680-15700
As there is no strong global negative trigger as of now Nifty is likely to open with gap up. Trigger will come from US market and we have to watch where US indices will close today. Home sales data will come today in US which will show if there is slowing down in housing market or not. This data will show if recession is imminent.
Technically, Nifty at bottom formed two consecutive doji type candle which is sign of small reversal. This is why, near support area one should buy nifty with stop loss below 15100. Near resistance one can go for sell side with stop loss above 15720. Try to play in both sides with strict stop loss
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