MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8705 (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 8740 level then it is likely to show some upmove and if it breaks and trade below 8640 level then it is likely to show some profit booking.
-Nifty High made today was 8727 so bulls were unable to breach the gann resistance zone of 8732, as weekly closing tomorrow bulls would like to close above 8732 and bears below 8656.
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-Nifty Futures Trend Deciding level is 8705 (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 8740 level then it is likely to show some upmove and if it breaks and trade below 8640 level then it is likely to show some profit booking.
-Nifty High made today was 8727 so bulls were unable to breach the gann resistance zone of 8732, as weekly closing tomorrow bulls would like to close above 8732 and bears below 8656.
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Nifty Level future
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Up ↑
|
8715
|
8735
|
8765
|
Down ↓
|
8690
|
8675
|
8640
|
Action
|
SL
|
TGT
| |
Buy above
|
8710
|
8695
|
8780
|
Sell below
|
8675
|
8690
|
8600
|
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