05.03.2020 Thursday, 8.58 am 

What has happened yesterday? Nifty index as written and expected opened with a flat to positive note at our resistance levels i.e 11345 made day high at 11354.95, thereafter, unable to surpass this level and started to trade with highly volatile move, made a low point at 11082, further the late hour volatile move lifted the Index till 11280 and ended the day at 11251.

What will happen today? Nifty Index today may open on a flat note with negatve bias to test 11220-11175, further move  below 11175, if trade and sustain then, it may test 11130-11090-11036. Likewise, the immediate resistance seen at 11285-11320, further up move above 11320 then, it may test 11350-11395-11430

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.