Yesterday we clearly indicated that Nifty future has resistance at 7225. It exactly made a high of 7225 and slipped again.
Our buy call in Reliance proven great. From 945---965. Booked profit.
Too recommended buying in Just dial around 490 and booked profit at 576.
Not this only... Our BTST Auro Pharma also proven great and made a high of 677. We recommended buying around 665 and booked at 675.
Still need trial... need not to worry. Watch more.
Now what to expect???
Nifty future has support at 7050---6970 and resistance at 7225. Below 7155 we will see panic till 7080---7050 and then to 6970 mark again
Else it could test its resistance level of 7225 mark.
Further upside rally will see only weekly close above 7225 mark.
Last week's Friday low is very crucial and this week's Thursday high is very crucial.
So traders can trade safely with levels only. More will update during market hours.
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