Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday top gainer of the day was Tatasteel, Titan, Asianpaints, and among the top losers was Coalindia, BPCL, Cipla. From the begening of this year 2018 the rally support a clear Bull move (not Bull run) and going to cover 1000 points of rally at this month from January 2018, and the most contributed stock is Reliance Industries. I have written yesterday about the stock.

moving up and down

Intraday Trade of Nifty Future

Although yesterday Nifty Future made open with a positive mode, open at 10432.25  run to touch previous high, but failed a and after touching 11445..05start to melt down to form day’s low 11376. if you study last two week’s turnover/contract your will found last two days market was lower the average to last 15 trading days.

Now What?

predicting

Within one hour of opening if Nifty Future fail to cross recent high (life time high )11447 and start to melt down below 11376 yesterday’s low, then may take support at 11357….Don’t’ PANIC at lower level, this is a normal correction, If melt down below 11195 then Bulls start to hold you BP,
After forming fist half’s low Nifty Future will run to form a new high 10490.10//10497.60……keep in mind one thing whenever Nifty Future /any numerical figure may touch a new high or low at that points they are not be stable…from high try to come down, from low to up.