Good evening and Wish You a Happy Trading Session Tomorrow.….
Market Outlook
Last Thursday I have written:
“Before next round of correction,
we expect some upside price movement...”
At Thursday market fall sharply, all business
channels were doing bla-bla, this is six month low…such and such.
Same day at 4 pm I have written before another
round of panic there will be a bounce back at Market.
All of you have witnessed what happened.
At Friday on 12:41 pm when Nifty Future was
trading at 11234, I have written the index will start to fall from 11403.
At 02:22 pm Nifty Future made high 11405.90 and
fall 153 points within few minutes.
Key Support-Resistance level of Nifty Future
§ Vital
resistance is 11412.50;
§ Closing
above the mentioned level Nifty Future may touch 10664.10 before expiry.
§ Vital
support zone is 1117.15---11112.40.
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