Nifty opened with mild gap up at 11950, but during the later part of the day could not protect the major support of 11878, took support at my monthly level of 11844.70 and closed near day low. The close looks weak. Bank Nifty has more correction left. If that starts happening, we can see further slide in nifty.
Today likely to see more swings 11930/960 on higher side and 11820 on the lower side.
Since 11878 has been broken, be cautious in trade as 11802 is the next support.
The range for the day 11800-11980 BN 31000-31500.
Good Day!
குறள் அதிகாரம் : இல்வாழ்க்கை - Domestic Life
ஆற்றின் ஒழுக்கி அறனிழுக்கா இல்வாழ்க்கை
நோற்பாரின் நோன்மை உடைத்து. #48
மு.வ : மற்றவரை அறநெறியில் ஒழுகச்செய்து தானும்அறம் தவறாத இல்வாழ்க்கை , தவம் செய்வாரைவிட மிகச்சிறந்த வல்லமை உடைய வாழ்க்கையாகும்
Others it sets upon their way, itself from virtue ne'er declines;
Than stern ascetics' pains such life domestic brighter shines.
The householder who, not swerving from virtue, helps the ascetic in his way, endures more than those who endure penance.
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