Nifty Future:
Today high and low of 10.30 to 11.00 am is very crucial for trade:
Resistance around 5475 and crossover of 5486, it will move to 5515 – 5550
Support around 5422 and breaking 5410, it will fall to 5385 – 5365
Stock Future:
Always trade stocks to the Direction of Nifty !!!
Short SBI around 2500 with SL at 2506. TGT 2455
Short Tata steel around 551 with SL at 555. TGT 540 – 535
Note: If stop is takenout, then Trend Reversal will take place.
Happy Trading
C T Ramesh Raja