Morning Mantra ----- Nifty Future

Moving averages can also be used with combination of both SMA and EMA. Point to remember while analyzing with both the moving averages, that movement of EMA is faster than the movement of SMA. In short, if both averages are plotted over a chart.

                  Good Morning and Happy Trading.

Yesterday at “Morning Mantra” written “If fail to cross 5335 at opening then the 5306 will act as vital support “

Nifty Future low is 5307………….

Written “above 5335 Nifty Future will face hurdle at 5356”

Nifty Future high is 5355 (5354.50)…..

Just think………

 Today’s 1^st resistance is 5366 to 5372. If NF able to breach this level with volume and stay at least half an hour above 5372 then next hurdles are 5384 to 5390. Above this zone we may witness 5436 + levels in next Bull zone.

                                                                                                                    

                                                                                                        

 Today’s 1^st support is 5329. If NF able to break this level with volume then next nominal support is 5311 to 5302. Below 5302 the crucial support will be 5278 --- 5272---5262. The deadline of Bulls will be 5235---5226.

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