Monday, April 23, 2018

Nifty Future Mantra, 23.04.2018










Good Morning and Wish You a Happy Trading Session ….


If Nifty Future open above 10597 and trade upward then 10652 may be the vital resistance, or open below 10597 and break 10517 then you may expect a correction of 300 to 315 points.......and 03.05.2018 (+/- 1 day) may be the day of turning point....


First support of the day is 10518.84......next support is 10500.36.....
This rally is not a Bull move.....it’s a simple corrective move of a straight fall.....

On 29th Jan’2018 Nifty Future made high 11185.60, from then till 65 days NF is melting, already made low 9960. What is the reversal point and in how many days NF will reverse???

It may take more 40 to 50 days (not trading days, total days) and reversal points may be 9553.55/9412.84.....
       
                                                                                                  Susanta Dey
                                                                                                  07:07 am, 05.04.2018


Disclaimer: Before investments consult your Investment guide, this is not a recommendation to invest, Market prediction is only to watch, not to trade.


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Mumbai, Monday 23rd April’2018, 07: 00 am