Buy Nifty

CMP-5667
Position : W.Risk takers   - 500 [@ 5630]
               Wo.Risk takers - Nil

Nifty Trade Support 5646-5629 Resistance 5683-5690
Nifty Trend Support 5606-5593 Resistance 5723-5735

Technical Details :
Weekly Trend line support at 5629 and short term Trend Line Support at 5646
Second day closed below 200-EMA 5765. RSI(14) at 34. Major retracement
for bounce back of 78.6% of 5477-6229 is @ 5638.  50% of 5032-6229 is
@ 5630.  38.2% of 4531-6229 is @ 5580.  So almost support around 5629-5600.

Risk Takers Buy Nifty around 5637-5600 with sl 5550(Closing Basis) qty-500 [2 buy]
Without Risk Buy Nifty  around 5590-5570 with sl 5550(Closing Basis) qty-1000

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