Nifty Future:

Nifty Future is oversold and likely to bounce by 400 to 500 points from yesterday’s low of 5200.. Any bounce  on upside will be a laboured one and there could be sudden reversal and therefore one should have right Stop in place to manage the trade.

Today, NF could meet resistance around 5475 and only an emphatic move above this level can push the market further on upside and  intraday correction should stop near 5355.

In Individual stocks, Century Textiles showing strength of movingup, Kotak Bank and M&M will correct after initial bounce  in intraday.

Join the Chat room for precise levels to trade in Market.

Good Luck !!