Market has given a positive move in the morning, and now the important resistance to watch for is 5650-5660. If the market trades above 5630 for 1 hour, we may see some good momentum upwards. But this is expiry week and lot of roll overs are going to happen and hence market will be quite volatile.
Since market has again come into the trading zone between 5630-5720. It may again starts trading with upward bias. The market is waiting for the results from parliament about reforms and if there are any improvements, then market will break the trading barrier with upward bias. Else all the upmove will get vanished.
Right now, market will not see any big upmove untill market breaks 5660 and it will not see any big down move until it breaks 5590. So the range bound is going to continue. Stock specific actions can be seen today and we may be able to trade today. Wait for our suggestions.
Since market has again come into the trading zone between 5630-5720. It may again starts trading with upward bias. The market is waiting for the results from parliament about reforms and if there are any improvements, then market will break the trading barrier with upward bias. Else all the upmove will get vanished.
Right now, market will not see any big upmove untill market breaks 5660 and it will not see any big down move until it breaks 5590. So the range bound is going to continue. Stock specific actions can be seen today and we may be able to trade today. Wait for our suggestions.
For earning better returns traders must know about market movements timely. Experts trading tips suggested by Financial Advisory Services firms helps in earning profitable returns.
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