Market Outlook :
-Nifty Futures Trend Deciding level is 8684 (Intraday Traders,
NF Trend Changer Level 8590 (Positional Traders)
-Nifty High made on Friday was 8670 near the gann arc and bulls failed to
close above 8677.Close above 8677 Nifty can make next move till 8800/8951.
Bearish only on close below 8490 and bullish on close above 8677 in between
yo-yo move
-Nifty Futures Trend Deciding level is 8684 (Intraday Traders,
NF Trend Changer Level 8590 (Positional Traders)
-Nifty High made on Friday was 8670 near the gann arc and bulls failed to
close above 8677.Close above 8677 Nifty can make next move till 8800/8951.
Bearish only on close below 8490 and bullish on close above 8677 in between
yo-yo move
-Nifty to turn volatile as the day progresses. GST developments to play
important role along with global cues.
-Nifty spot if manages to trade and sustain above 8680 level then it is likely to
show some upmove and if it breaks and trade below 8600 level then some
profit booking can be seen in the market. Please note this is just opening view
and should not be considered as the view for the whole day.
Nifty Weekly Forecast with GST about to become reality
Nifty Level future
| |||
Up ↑
|
8770
|
8730
|
8700
|
Down ↓
|
8680
|
8665
|
8620
|
Action
|
SL
|
TGT
| |
Buy above
|
8670
|
8640
|
8735
|
Sell below
|
8610
|
8645
|
8540
|
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