Good Morning and Wish You a Happy Trading Session ….
It was
predicted, that some intraday small correction is possible, but overall trend
is up. Nifty Future opens at 10909.95 and made high 10929.90 and starts to
correct.
After making
base at 10843.20 the index bounce back with volume and made intraday high
10967.50.
After analyses
the wave pattern it may be concluded that overall trend is up. And Nifty Future may touch 12561.75 before 25th
January.
Yesterday Foreign Institutional Investors have bought
1665.45 Cr. and sold 1713.64 Cr. net trades were -48.19 Cr.
And Domestic Institutional Investors have bought
1591.3 Cr. and sell of 1448.72 Cr. net trade values +142.58 Cr,
Yesterday India VIX made high 16.4000 and low
15.1500.
Advance and decline ratio of the Nifty was 32:18
Key
Support-Resistance level of Nifty Future
First resistance of the day is 11021.40. above
11069.80 Nifty Future will touch 11196.50.
Vital support of the day is 10931.50.
Today’s
Overview:
Although you may witness
small intraday correction but overall trend is up.
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