Nifty spot took support at 5780 level yesterday. It was expected by Tradology team and we have stated the same in yesterday's opening bell tradology. Now today 5780 will be very crucial level for intraday too.
One should be very careful now with long position if 5780 is broken.
Risky trader can take risk and buy nifty at lower level with stoploss at 5757-50 nifty spot.
Upside 5820 and 5858 will act as resistance for today.
Stock to watch :
Powergrid :
Support range 95. Resistance 99-102.
We have given buy call on powergrid to our clients yesterday.
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