MAJOR RESISTANCE LEVELS: 5714-5735-5764
MAJOR SUPPORT LEVELS : 5678-5650-5627
Nifty closed in red yesterday. JPASSOCIAT and HINDALCO were the top losers which decreased 5.95% and 5% respectively.
Nifty (closing): 5698.50
Nifty closed at neutral zone on Monday.
MACD still indicates a bearish market. But, RSI, Stochastic and Moving Averages depicts a neutral market.
US and European markets closed steadily last day. Asian markets were closed in red except NIKKEI which was slightly up. Brent Crude prices decreased slightly. Rupees were steady with DOLLARS.
India VIX closed at 13.67 with 2.77% decrease.
GOOD LUCK..................
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