NIFTY FUTURE OUTLOOK
Readers who traded as per our weekly outlook would have printed the
almighty dollar today as nifty future exactly reversed from 5465 and fell
to support area as mentioned in the weekly column.
For tommorow's trading 5415 is the pivot level.
Support for nifty future will come in at 5393.
Break and trade below 5379 will take nifty future to 5358, 5340 and 5318.
On the other hand resistance will come in at 5460.
Inorder for nifty to regain positive territory it must trade above 5475.
In such a case nifty future will move to 5495, 5510 and 5535.
NEXT: THE PERFECT SHORT
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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