Market Outlook :
- Nifty Futures Trend Deciding level is 8132 (Intraday Traders,
NF Trend Changer Level 8187 (Positional Traders)
- Nifty spot if manages to trade and sustain above 8200-8220 level then it is
likely to show some upmove and if it breaks and trade below 8120-8080
levels then further profit booking is expected. Please note this is just
opening view and should not be considered as the view for the whole day.
- past few days price action indicating limited upside
- while 8000 is still holding, the buying is not strong enough - trading range remains at 8000-8300 for this week |
Nifty Level future
| |||
Up ↑
|
8260
|
8230
|
8200
|
Down ↓
|
8150
|
8125
|
8080
|
Action
|
SL
|
TGT
| |
Buy above
|
8180
|
8140
|
8260
|
Sell below
|
8070
|
8110
|
8000
|
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