Good Morning and Wish You a Happy Trading Session ….
Ø On
Friday Nifty Future made high 1077 at the end of the session.
Ø Now
the index has to come down to fulfill the wave.
Ø As
earlier I have written: Next
trade reversal day is 3rd September’19.
Ø Therefore
the index has to come down, and it is ineluctable.
Ø But
news of economic slowdown will rush or give more power to come down Nifty
Future.
Ø And
from days low it may take bounce back today.
Key Support-Resistance level of Nifty Future
ü Vital
support zone is 10753---10745 -- 10734.
ü Close below 10646.75 will prove the rumors
of RECESSION is true.
No comments:
Post a Comment