NIFTY FUTURE WEEKLY ANALYSIS
Nifty traded between support and resistance level mentioned in this column last week.
Those who missed the article can access it here (link).
For the week ahead the pivot level is placed at 5435.
Expect nifty to test this level in monday morning trade itself.
5467-5476 will act as strong resistance region for nifty future.
Cross and trade above 5481 will induce positive vibes and nifty future
will move to 5520, 5550 and 5590.
Reversal from resistance region will take nifty down to 5400 levels.
5370 - 5398 is support region for nifty future.
However break of 5363 will indicate a crack and nifty will slide to
5338, 5300 and 5265.
NEXT:BEAR FRIDAY
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
Are you a subbroker ? Jerrytechnicals has a special plan for small and medium subbrokers.
Please contact us at jerrytechnicals@gmail.com for more details.
1 comment:
hey your blog design is very nice, neat and fresh and with updated content, make people feel peace and I always enjoy browsing your site.
- Norman
Post a Comment