Nifty Levels, Nifty Futures Tips, Nifty Options Tips (Monday, 9th May):-
Nifty (Spot) Intraday Levels:-
Indian stock indices should start the week with moderate gains. On last trading day Nifty was closed at 5551.In The NSE Nifty, is looking in reverse trend today.
Higher to this, market may show further strength towards the first Resistance at 5595. If Nifty manages to sustain above this level, upside momentum may Target the Major Resistance at 5655. Meanwhile, first Support for the day comes at 5470 and a fall below will intensify the downside movement wherein the index may drift towards the Lower Support at 5530.
Resistance : Its first resistance level is at 5595 and above this level it could test the resistance level near the 5655 points.
Support : Its first support level is 5470 and below this level it could have support level near 5530 points.
Support : Its first support level is 5470 and below this level it could have support level near 5530 points.
Nifty Futures Tips:-
Buy Nifty Futures Above-5601 Stop Loss-5580 Target-5629
Sell Nifty Futures Below-5525 Stop Loss-5540 Target-5505
Nifty Options Tips:-
Nifty 5600 CALL:-
Buy Above-92 Stop Loss-77 Target-107
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