FREE NIFTY Technicals, Support & Resistance Levels, Market Breadth, Nifty Trends, Nifty Outlook & Nishant's Oscillator
Monday Nifty opened with optimism and touched the target of 5120. Nifty established 5110 as intra day support. Auto stocks were strongest for the day. Global market trend was up during Indian stock market hours.
Observations:
5200 is important resistance zone for Nifty.
Market overbought in short term.
5400 is looking impossible at present , but any upside is [...]
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