04.03.2020 Wednesday, 8.31 am 

 What has happened yesterday? Nifty index as written and expected opened with a flat note at our resistance levels i.e 11320, thereafter, unable to surpass this level and started to trade with highly volatile move, made a low point at 11152.55 by noon, further the volatile move lifted the Index till end of the session, made a high 11342.25 and ended the day at 11303.20, by snapping the 7days continuous straight downward move with positive note.

What will happen today? Nifty Index today may open on a flat note with positive bias to test 11345-11385, further up move above 11385, if trade and sustain then, it may test 11433-11465-11535-11615. Likewise, the immediate support lies at 11270-11245, further down move below 11245 then, it may re-test 11180-11130-11090-11036..

Special Mention: As expected, the Nifty Index taking support near 11000, as written yesterday the day high and low made on Monday-02nd March, is important levels to watch out on both the side, it looks the Nifty Index may consolidate between these levels, further direction is depends on the move, beyond these levels either side.  

Trading Strategy: Sell on rise is the mantra as of now in F&O segment if Nifty Index, if not closes above 11433, or watch 11090-11036 to go long if, Nifty Index closes below 11036 then, do not hold long position and book profit if 11433 not breaks and sustain. One can keep invest in equity segment with low valuation stocks on the top Nifty-100 stocks for medium term perspective at 11000 levels in the Nifty Index.  Further details please do call us on 98410 48022/90805 71223 or contact thro' whatsapp: 99624 70636.

Please read carefully, the Disclaimer published on the Disclaimer page. Wishing you for a safe and secured trading.