Nifty future:
Likely area of support around 5935 and emphatic trading below this level could push the index to sub 5900.
On upside, maximum it could move to 6070
IT stocks could face selling pressure and FMCG stocks can moveup.. Banking stocks will bounce from day’s lower level on short covering.
Right tools are needed to trade in market. Money cannot be made with stone aged technicals. Trading is a serious business with high risk and its not kid’s game.
Join the Chat room for technical trading..
Good Luck !!