MARKET OUTLOOK
-Nifty Futures Trend Deciding level is 8670 (Intraday Traders)
-NF Trend Changer Level 8580 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 41.50 points at the opening bell.
-Nifty 8675-8700 is crucial resistance band as per gann angles as shown in below chart, further rally towards 8752/8806 as budget is coming on 01 feb so once 8700 crossed we can see fast move towards 8806/8840 range. Bearish only below 8432
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-Nifty Futures Trend Deciding level is 8670 (Intraday Traders)
-NF Trend Changer Level 8580 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 41.50 points at the opening bell.
-Nifty 8675-8700 is crucial resistance band as per gann angles as shown in below chart, further rally towards 8752/8806 as budget is coming on 01 feb so once 8700 crossed we can see fast move towards 8806/8840 range. Bearish only below 8432
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Nifty Level future
| |||
Up ↑
|
8710
|
8750
|
8820+
|
Down ↓
|
8660
|
8635
|
8575
|
Action
|
SL
|
TGT
| |
Buy above
|
8670
|
8625
|
8780
|
Sell below
|
8590
|
8620
|
8470
|
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