Tomorrow is a big day for nifty future. Nifty is on the verge of testing out 200 day moving average which is at 4959.
5025 will act as strong support for nifty future.
Real trouble will start when nifty future trades below 5005 with volumes.
It could free fall to 200 day moving average easily.
Nifty will trade in the positive zone only above 5075.
In case of that happening, nifty future can move to 5095, 5115 and 51535.
NEXT : The Tricky day
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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