Nifty Future & Reliance

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

If Nifty Future able to sustain 11657.30 then may the index reverse to up.

If Nifty Future fail to do so then below 11630 wait for another round of panic.

If Nifty Future take bounce back from day’s low then vital resistance is 11916.15---11924.30.(within in the week, if bounce back).

Reliance Industries:

Today above 1305 vital resistance of the day is 1327---1329.

If stock price of Reliance fail to cross the mentioned resistance level, then the stock will fall sharply.

Overall trend of this stock is down trend.