Market Outlook :
-Nifty Futures Trend Deciding level is 8629 (Intraday Traders,
NF Trend Changer Level 8485 (Positional Traders)
-Nifty Futures Trend Deciding level is 8629 (Intraday Traders,
NF Trend Changer Level 8485 (Positional Traders)
-Nifty High made today was 8645 and low made was 8577, so gann number of
8577 again showed its importance. Holding 8577 again another attempt can be
made to break 8650 range. Its always good to go with flow of trend instead of
trying to predict the top, and shorting blindly everyday. Bearish only on close
below 8490 and bullish on close above 8677
-Nifty to follow global cues and is likely to turn volatile as the day progresses.
-Nifty spot if manages to trade and sustain above 8600-8640 levels then it is
likely to show some upmove and if Nifty breaks and trade below 8540-8500
levels then it is likely to crack further. Please note this is just opening view and
should not be considered as the view for the whole day.
Nifty Level future
| |||
Up ↑
|
8675
|
8635
|
8615
|
Down ↓
|
8575
|
8555
|
8530
|
Action
|
SL
|
TGT
| |
Buy above
|
8625
|
8579
|
8725
|
Sell below
|
8540
|
8580
|
8460
|
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