NIFTY FUTURE
5038 is critical level for bulls today.
If 5038 is conquered with volumes, nifty future will move to 5066, 5085 and 5105.
On the other hand, if after crossing 5038, bulls are unable to momentum and nifty future were to break
5015, then bears will gain the upper hand and thrash the index straight to 4970.
Further extension targets are 4940 and 4902.
Next: Nifty future weekly outlook
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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