Nifty View
INDIA VIX :
Now trading at 16.37 after touching trendline support at 15.92. Good Entry point with minor stoploss.
Daily Charts
Upside : Catch for Bounce.We Hope a bounce from current level in Nifty . Keep target of 5110-60 in mind however if sustains above 5160 we can witness sharp rally towards 5220-80-5350.
Downside : Support @5020-4987-4935
Weekly Chart : Support@5018 Below that support@4950-30
