NIFTY FUTURE TRADING PLAN
As expected it was a narrow trading range for nifty future with expiry just around the corner.
5330 is the all important pivot level for nifty on expiry day.
5355- 5360 will act as strong resistance.
Trading above this level could see nifty moving to 5380-5390.
Similarly 5300 - 5315 will act as support region for nifty.
Trading below this level could see nifty moving to 5275.
Volumes indicate another narrow range day.
An expiry without fireworks ?? Let us wait and see tomorrow.
NEXT: NIFTY OUTLOOK 23rd June
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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