Intra-day support for Nifty is at 205-4180: Nirmal Bang
Nirmal Bang is of the opinion that current trend of the markets is positive. It sees Nifty taking intra-day support at at 205-4180.
By ET Bureau |
MUMBAI: Nirmal Bang is of the opinion that current trend of the markets is positive. It sees Nifty taking intra-day support at atp205-4180.
���Currently markets are trading in the positive narrow range of 4150-4330 and a strong move beyond this range with huge volumes can give us a clear picture. The current trend is positive but one should not be very aggressive in taking positions, wait for the Nifty to sustain above 4330-4360. Intra-day support for Nifty is at 205-4180 and resistance is placed at 330-4360. Unless Nifty breaks above 4435 fresh buying should be avoided,��� said Nirmal Bang report.
���Currently markets are trading in the positive narrow range of 4150-4330 and a strong move beyond this range with huge volumes can give us a clear picture. The current trend is positive but one should not be very aggressive in taking positions, wait for the Nifty to sustain above 4330-4360. Intra-day support for Nifty is at 205-4180 and resistance is placed at 330-4360. Unless Nifty breaks above 4435 fresh buying should be avoided,��� said Nirmal Bang report.
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