NIFTY FUTURE OUTLOOK
RBI (Reserve Bank of India) is set to announce quarterly financial policy on Tuesday.
Readers would be well advised to adopt a wait and watch approach for trading tomorrow.
The balance point for nifty future is placed at 5745 tomorrow.
Resistance is placed at 5770.
Break out level is 5787.
Above 5787 nifty future will move to 5800 and 5815.
5720 will act as support for nifty future.
Break down level is 5710.
Breakdown targets are 5695, 5680 and 5665.
NEXT: Weekly pick
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
RBI (Reserve Bank of India) is set to announce quarterly financial policy on Tuesday.
Readers would be well advised to adopt a wait and watch approach for trading tomorrow.
The balance point for nifty future is placed at 5745 tomorrow.
Resistance is placed at 5770.
Break out level is 5787.
Above 5787 nifty future will move to 5800 and 5815.
5720 will act as support for nifty future.
Break down level is 5710.
Breakdown targets are 5695, 5680 and 5665.
NEXT: Weekly pick
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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