Nifty trend with volatile note.Nifty is up 96.10 points at 5497.55, nifty touched its crucial support level of 5300.
Nifty has broken its previous swing,In this period the key support will be near at higher level 5438 act as resistance for intraday,and second level for today 5520, at lower level 5365 act as support for intraday and 5353 for the day.
And we advise to traders if any one holding short could be maintain the strict stoploss 5420 on daily basis.
The Indian rupee opened in down position at 63.44/dollar against the 63.25 yesterday.for that reason RBI announced to save the rupee, bonds and bank stock.
NSE nifty 1st resistance level 5436.45 if any condition this will be broken then next resistance level is 5469.
If any condition Nifty will be down then you can go with the support level 5365.
Nifty Future calls– Here are adviser to day trader can sell nifty future at around 5370 and target put below 5355,5340 and stoploss 5400.