Hello Friends,
NifTiee intra day levels :
Close 4808
Supports : 4797 / 4777 / 4747
Resistances : 4828 / 4848 / 4888
Nifty closed at 4808 yesterday very close to support level 4807 as updated to sms members in morning. Still market is volatile in narrow range & almost 1 week has been passed in this range. Many short term traders are getting bored as there is not major moves in the markets since last one week & some are exiting short term positions due to boring markets.
Breakout above 4888 & breakdown below 4777 could decide the trend in near future. Till then mkts may remain volatile in narrow range.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.com
