As we had pointed out in our previous daily trading note, the NIFTY slipped below the 5350 levels as it couldn’t sustain above the 5400 levels during the past few sessions of trade. We reiterate that the 5250—5180 levels remain the downside targets for the NIFTY if it sustains below the 5400 levels for the upcoming sessions. On the ownside, the lows witnessed during the month of Feb around the 5200—5170 levels will be the next crucial and meaningful support for the NIFTY.
The 5400-5470 zones will remain as stiff resistance zones for the NIFTY on pullbacks.
We booked full profits on our short call given on MRPL Ltd @ 68.50 levels. (Initiated @ 71 levels). The recommendation fetched a smart profit of Rs 10000/- per lot to the subscribers of our product Trading calls section.
We recommend subscribing to our product Trading Calls section to avail such profitable Equity Trading calls.
The 5400-5470 zones will remain as stiff resistance zones for the NIFTY on pullbacks.
We booked full profits on our short call given on MRPL Ltd @ 68.50 levels. (Initiated @ 71 levels). The recommendation fetched a smart profit of Rs 10000/- per lot to the subscribers of our product Trading calls section.
We recommend subscribing to our product Trading Calls section to avail such profitable Equity Trading calls.
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