Nifty Support 5397 5464
Range 5501
Res 5567 5604
INTRADAY TRADERS BUY NIFTY ONLY ABOVE 5540 SL 5507 TGT 5570- 5600-5620.
POSITIONAL TRADERS BUY NIFTY BETWEEN 5512-5550 SL 5400 ON CLOSING BASIS.
NIFTY 20 Days SWING ATR CAN BREAK @ 5538 ( Until today not yet broken ), FRESH LONG POSITION CAN BUY ABOVE 5540, 50 Days MOVING AVERAGE @ 5588, IF ITS BREAKS THEN WE CAN SEE THE NIFTY IN BULLISH MODE.
AREVAT&D BUY ABOVE 249 & HOLD with SL @ 239 Target 256 / 262 / 272 & ABOVE ( 20 Days Swing ATR 264 )--- Reason for the BUYING CALL within last 10 days Sharply corrected almost 20 % and its going to break the MOVING averages.
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