IMPORTANT NIFTY LEVELS WATCH FOR 21/03/2016

IMPORTANT NIFTY LEVELS WATCH FOR 21 March 2016

Support 1 (S1) – 7540 to 7550

Support 2 (S2) -7525 to 7520

Support 3 (S3) -7480

Resistance 1 (R1) -7630

Resistance 2 (R2) -7670

Resistance 3(R3) -7700

Nifty will be strong above 7580 with the target of 7630-7670-7700.

No Trading Zone between 7580 to 7540.

Trend reversal on intraday chart would only happen below 7540 level. Short Nifty below 7540 for the target of 7520-7500-7480 for intraday.

Nifty trading below 7480 and we could see the target of 7440-7405-7380-7350.

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