Good morning Friends,
I am already quoting it from past many days that Nifty doesn't have good thrust to cross above 15900 levels. Hence, we can able to see a fall from higher levels. Yesterday was another such day.
I cannot say either that this fall can intensify immediately. We have some meaningful support at 15650 to 15600 levels. I hope that Nifty will take support at 15600 in case of fall. Even on rise you have not too good on up side also.
In this kind of short range it is very important to be level specific and trade on good timing. It is better to focus on some meaningful stock.
Happy Trading,
Praveen Kumar
