Trading Levels for Nifty Future:
Resistance around 5523 and crossover of 5529, it will move to 5565 – 5580
Support around 5440 and break of 5434, it will fall to 5400 – 5385
Stock Future:
Axis Bank:
Breakout 1300 / Stop 1287 / TGT 1325 – 1345
Bajaj Auto:
Breakout 1342 / Stop 1329 / TGT 1367 – 1385
Jetairways:
Breakout 504 / Stop 496 / TGT 520 – 530
Note:
Breaking BO / BD level, it can bounce to midpoint between BO / BD and STOP. All stops are very powerful and if its takeout after entry level, then trend change will take place.
Happy Trading
C T Ramesh Raja