Nifty has a support in short term at 10580 level and any break of this level means that Nifty can target the level at 10430. Nifty has a resistance at the level of 11120 as crossing above can target 11700 level. Have a look at the below chart and remember to keep these levels in mind while trading. break of 10000 mark means it can fall till 9000 level as a neckline is formed at 10000 level and its break can have a decisive effect.
However, remember that all those investors who have entered market over 6 months before elections have benefited most of the time and if intraday is your cup of tea than do check our
Hot Stock of the day here. Please click on image to enlarge it.