IMPORTANT NIFTY LEVELS WATCH FOR 27/04/2016

Important Nifty levels watch for 27 April 2016 –

Support 1 (S1) – 7950

Support 2 (S2) – 7920

Support 3 (S3) – 7850

Resistance 1 (R1) – 7970 to 7980

Resistance 2 (R2) – 8050

Resistance 3(R3) – 8090

Nifty will be strong above 7950 for the target of  7970- 8050-8090.

Any decline up to or near 7850 should be a good buying opportunity for the target of 7950-7970-8050-8090.

Nifty will be weak  below 7850 for the target of 7820-7770.

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