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Nifty is all set to break its 100-point trading range and move above the 5300 level. The BSE Sensex rose as much as 0.9 per cent early on Thursday with ICICI Bank, RIL and Tata Motors leading the gains. The broader 50-share NSE index was up 0.8 per cent to 5,333.40.
NIFTY RANGE FOR TODAY
The trend deciding level for the day is 17,281 / 5,265 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17,459 - 17,560 / 5,322 - 5,355 levels.
However, if Nifty trades below 17,281 / 5,265 levels for the first half-an-hour of trade then it may correct up to 17,180 - 17,003 / 5,233 - 5,176 levels.
MCX SILVER TREND TODAY
MCX Silver is in long- term bull phase. Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatIlity is very less Buy the Silver above 57968 or buy with strict stop at 54807. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 55586-.Resistance for the Silver is 56273-56634-56886-57201-57577
Also Get Gold Copper Crude Trend today CLICK HERE
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