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KAPAS Intraday Tips For 25 May 2019

Last update on 23 May 2019
KAPAS (EXP 30 Apr 2020) CMP-1147.5 currently in up side in intraday. It is likely to test resistance 1151.70 / 1155.85 / 1162.70. If it breaks below 1144.85 with volume then it may test lowerside supports, such as 1140.70 / 1133.85 / 1129.70.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 1162.70
R3 1155.85
R2 1151.70
R1 1148.30
PP 1144.85
S1 1142.80
S2 1140.70
S3 1133.85
S4 1129.70
Last Day High 1149
Last Day Low 1138
Last Day Close 1147.5
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)