Opening bell Tradology (25-10-10)

Nifty spot was closed at 6066 on friday closing. This week will be expiry week of november and we are expecting some volaility in coming week.

Nifty spot has support level at 5966 level. Up side Nifty will face stiff resistance at 6222.we will see movement between these two range in coming week.
For today Nifty spot resistance at 6118 level. Above 6118 level Nifty spot will give break out till 6145-50 range. Down side support at 6020 level .
Watch both the levels carefully for today.

Stock to watch:
Reliance has made double bottom at 1075 level. 1070-75 will ve very good support for intraday.
Reliance upside resistance level will be 1094. If reliance sustain 1094 level for more than 15 minutes ,It can give breakout till 1105 .

Eyes on out of focus stock bijajafinservice.
It has given down trend movement on intrday chart.
Itclosed at 484 on last friday. Support at 480. If breaking 480 then it will go down side 2% return.

Exide ind 156 is last closing.
Next support at 146. If sustain above 146 for next few hours it will take support and go up.
If breaking 146 level with volume today then next support is 130 level.
If it is not breaking 156 level today there are chances for 178 level.

Financial Technology has given positional down trend in past days. Last closing at 1146 level.
Now if if will not break 1156 level in intraday then it may crack further below 1142 level .
Volume will be key factor for financial tech. If it breaks with volume it will go down very easily.

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