Good Morning and Wish You a Happy
Trading Session ….
Above recent high 9889 Nifty Future will face next resistance
at 9932.70-----9933.75….Closing above the level Nifty Future may touch
10033.70…..
Vital support of the day is 9866/65……if break it then crucial
support is 9826.95----9825.90…..
Now question arise
if NF take support at 9926/25 level then what will be happened???? If Nifty Future fail to break the mention
support level then may take a sharp bounce back…
But keep in
mind that this is a dead cat jump….. A bounce back of a corrective move…..overall
trend (mid term) is down …..(But do not short here, bounce back may touch
10033/34 level)….
This correction may melt down Nifty Future 1070+
to 1120+ points from life time high 10149….
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Kolkata, 05:55
AM. 28.08.2017.