Morning Mantra ---Nifty Future

Basically there are two types of trading styles – One is going with the market trend and the other being going against the market trend. All thousands of studies, techniques or strategies must fall in either of these two styles.

                             Good Morning and Happy Trading.

Yesterday

to our clients at 09:49 am Sort Nifty Future at 5316 with SL 5335. NF touched 5316 and start to melt. Target was 5290. NF made low 5287 and took reverse.

Today’s 1^st resistance is 5335. If NF able to breach this level with volume then next hurdles are 5341--- 5350—5356. Look very carefully 5356/57, this level will act as LOC. Above this zone we may witness 5371—5436 next Bull zone.

At opening if NF able to cross 5335 then 1^st support is 5328—5325. Below this level 5277 to 5258 will act as crucial support zone. If if if NF able to break 5258 then next support levels are 5227—5226—5225.

If fail to cross 5335 at opening then the 5306—5296 will act as vital support.

More reversal points for our subscribers only.