-Nifty Futures Trend Deciding level is 8668 (Intraday Traders)
NF Trend Changer Level 8685 (Positional Traders)
-Nifty to trade volatile and is likely to follow global cues.
-Nifty spot if manages to trade and sustain above 8705 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.
- 8710-8732 is crucial range for bulls as its gann resistance and 8601-8610 is support on downside below which bears will start warming up again. Between the range choppy move continue.
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Nifty Level future
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Up ↑
|
8680
|
8700
|
8755
|
Down ↓
|
8650
|
8635
|
8600
|
Action
|
SL
|
TGT
| |
Buy above
|
8695
|
8630
|
8800
|
Sell below
|
8628
|
8670
|
8550
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