Nifty Spot 3days low consecutively almost same i.e. 15735 – immediate support

BY A STAFF REPORTER 

Nifty Spot 3days low consecutively almost same i.e. 15735 – immediate support.

5dma further acted as resistance, failed to cross 16000 – immediate resistance.

Running 5 dma = 15972

On the upside :-

R :- 15888-910 & then 15950—15975. Crucial resistance above 15975—16000. Fresh strength only above 16000 then swing based resistance 16080—16111.

On the down side :-

S:- 15808—15777 & 15735.Fresh break down only below that then major support 15650.

India VIX rose 4.43 percent to 24.53 levels.

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