MAJOR RESISTANCE LEVELS: 5740-5767-5801
MAJOR SUPPORT LEVELS : 5693-5659-5631
Indian markets traded in green most of the time last day. Nifty increased 27 points on Friday.
Nifty (closing): 5719.70
Nifty closed at neutral zone last day. Positions should be taken carefully today.
MACD indicates negative trend, while, RSI and Stochastic depicts neutral trend. Middle Bollinger Band stands at 5880 and Lower Bollinger Band at 5726.
Crude prices decreased slightly. Rupees lost it's strength against Dollars. Global markets showed neutral trend last trading session.
India VIX closed at 14.06 with 5.38% decrease.
GOOD LUCK.................
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