India Markets Today: Volatile, Range Bound on Local Cues

28 November 2017 (8:58 AM IST)

Major Indian indexes have bee trading in a broad rename since last couple of months. Nifty, as we wrote previously, is in a short uptrend after a bounce back from lower support while Bank Nifty is sideways in its new, higher range.

These indexes are expected to continue to trade within their current range with highly volatile pattern on local economic problems and hopes.

For intra day trading, Nifty has pivot mark at 10,382. Support levels are near 10,357-10,315-10,290 and resistance is expected near 10424-10449-10491 levels.

Watch these levels and trade with the short term trend which will remain within these high and low levels.

Good luck, enjoy the session!

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