The Nifty in the coming week is poised for either a ride up to 6600 levels and beyond or a drop to 6350 levels.The first resistance it will encounter will be the 6562 spot level which it has not been able to cross. If it fails again then we could see a drop towards 6357 level .However it has to make a closing below 6457 for it to reach the 6357 level. It also has support 6460 and 6410 level.
The global cue will be vital as any change in the global scenario will have an effect on our markets. The way rupee behaves will also be of significance. Crimea and its fall has to be studied and its significance on our market will be of consequence.The trend changer will be 6520 spot level for intra day.
The global cue will be vital as any change in the global scenario will have an effect on our markets. The way rupee behaves will also be of significance. Crimea and its fall has to be studied and its significance on our market will be of consequence.The trend changer will be 6520 spot level for intra day.