Nifty Future Mantra - 20.11.2015

Good Morning and Wish You a Happy Trading Session ….

Yesterday India VIX made high 17.4150, above month’s high 16.8775, but fail again to stay above.

Day’s low 14.4200, if today India VIX able to sustain above the level then you may expect some sharp correction…..

You know 52 week high of India VIX was 35.5700, on 25/08/2015. The day is remarkable. Nifty Future open at 7894, made high 7926 and made low 7665 and reverse upto 7924….

Vital resistance of the day is 7887/90….If Nifty Future able to cross 7899/01 then will rush to chase recent high 7954 (18/11/2015)….

Below 7776 Nifty Future will take next support at 7736….Crucial support of the week is 7666/63--7655….

Be Cautious at day’s high….

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Mumbai, 08:30 AM. 20.11.2015.