NSE INDEX- Nifty Today faced the resistance closed to 5300 and closed at 5263 on the last trading day of this week. Nifty today marked a high at 5302 and stopped. Technically the trend is tiil seems to be bullish and the next logical target is 5330 but we might see volatility in the Market as this is the F&O expiry week.
The crucial support in the downside for the Nifty Futures is 5200 and resistance at 5300-5330. It is recommended that traders can go for long in Nifty Futures with the target of 5330. It it does not breaks the level of 5300 , then traders can go for sell on rise for the target of 5215-5210.
BSE INDEX- For BSE(17617) , the crucial support on the Sensex on the downside is 17400 and resistance at 17751.
