Nifty shall open flat to positive on global cues, we will witness buying at lower levels today may be near 5925 level. However, we suggest you to enter a buy position, as markets are more likely to strengthen so buy nifty futures near 5949 levels. The trend will be mixed today, also volatility will be higher compared to past sessions. Nifty will be in narrow range as shown in support resistance.
Resistance: 6099 / 6028
Support: 5935 / 5898
How to trade nifty futures today: Buy Nifty Future near 5949 level for the target of 5969 and 5984, place protective Stop below 5934 level.