Technical view: Support is expected around 5,980/5,960

S&P CNX NIFTY CMP 6018.05

Near term trend is down on charts, best trading startegy still remains the same “Sell on rise” whereas next support on charts is expected around 5980 & 5960.

Intraday trading Levels Buy Above:  6041 Resistance 6055 | 6078 | 6115 Sell Below: 5995 Support 5981 | 5958 | 5921

ABIRLANUVO CMP 1171.75

Near term trend is down on charts, best trading strategy would be sell on rise whereas support on charts is expected around 1125.

Intraday trading Levels Buy Above:  1186 Resistance 1194 | 1208 | 1231 Sell Below: 1158 Support 1149 | 1135 | 1113

BFUTILITIE CMP 357.40

Post sharp rally on charts, stock is expected profit booking on rise, best trading strategy would be sell on rally.

Intraday trading Levels Buy Above:  365 Resistance 370 | 377 | 390 Sell Below: 350 Support 345 | 338 | 325

CORPBANK CMP 274.30

Strong support on charts is expected around 268, with a strict stoploss of the same, best trading strategy for traders, would be buy on dips.

Intraday trading Levels Buy Above:  279 Resistance 281 | 285 | 292 Sell Below: 270 Support 268 | 263 | 257

KAJARIACER CMP 244.60

Near term trend is down on charts, with a strict stop loss of 249 as per closing basis, best trading strategy would be sell on rise.

Intraday trading Levels Buy Above:  251 Resistance 255 | 262 | 273 Sell Below: 238 Support 234 | 227 | 216

MCX CMP 430

 

Near term trend is down on charts, however fresh selling pressure would add trigger only if the stock gets closed below 425. Traders watch this level closely as close below 425 would open doors for 390 & 382

Intraday trading Levels Buy Above:  445 Resistance 454 | 469 | 493 Sell Below: 416 Support 406 | 392 | 368

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Technical view: Support is expected around 5,980/5,960

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