Market Outlook :
-Nifty Futures Trend Deciding level is 8585 (Intraday Traders),
-Nifty Futures Trend Deciding level is 8585 (Intraday Traders),
NF Trend Changer Level 8550 (Positional Traders)
-Nifty to trade volatile and is expected to follow global cues.
-Nifty spot if manages to trade and sustain above 8660 level then it is likely to show some upmove and if it breaks and trade below 8580 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.
-Bulls failed to protect 8596, coming week also if we close below 8596 bears can push nifty towards 8388/8300 levels.
-If close below 8565.... bears have an uppar hand!
Nifty Level future
| |||
Up ↑
|
8705
|
8665
|
8645
|
Down ↓
|
8605
|
8585
|
8565
|
Action
|
SL
|
TGT
| |
Buy above
|
8625
|
8585
|
8705
|
Sell below
|
8545
|
8584
|
8465
|
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