Hi guys! 3689 worked like a charm and it was a double whammy. Firstly in the morning it went up to 3685 and came down and again went up to 3693 and closed 30 points below that. In the coming session 3610 holds the key for the nifty. Though the pivotal will be 3650. A decisive break below that level will bring 3610 if not lower.sustaining 3650 will show 3693,3709 and further levels will be given later. A break below 3610 will be a hold for the shorts for the targets 3575-3565/3530/3505. But that's a far away from here. Concentrating on 3650 can bring good to intra day trade for today. So to sum up for the day,
Support: 3650/3640/3610
resistance:3684-93/3709/3745
All Future levels
(5 Minutes chart attached)
cya guyz. Happy Trading!
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