Nifty 50 view for Monday 25 March 2019
Nifty Spot closed at 11456 and Nifty futures at 11478
A fall of 460 points was witnessed in Dow on Friday, Dow futures closed at -474
SGX Nifty closed -63 points at 11407, which is a rough indicative of the Nifty futures level. It loosely translates to Nifty spot at 11385-11395. Support for Nifty spot is at 11380 followed by a gap support at 11350.
11350-11380 could act as a good support zone on Monday.
If somehow the opening is not as negative or not what what SGX indicates, Nifty spot could take support at 11410. Resistance is currently at 11520-11530.
A fall of 460 points was witnessed in Dow on Friday, Dow futures closed at -474
SGX Nifty closed -63 points at 11407, which is a rough indicative of the Nifty futures level. It loosely translates to Nifty spot at 11385-11395. Support for Nifty spot is at 11380 followed by a gap support at 11350.
11350-11380 could act as a good support zone on Monday.
If somehow the opening is not as negative or not what what SGX indicates, Nifty spot could take support at 11410. Resistance is currently at 11520-11530.
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