Nifty Near of Peak

Market Outlook

From couple of days I am writing that Nifty Future is going to touch a tough hurdle. There after another round of correction may be start.

Key Support-Resistance level of Nifty Future

·        First resistance of Nifty Future is 9432.25;

·        Single closing above 9518.35 Nifty Future will touch 9852.95.

·        Vital support is 9178.25.

Nifty Future Tips

Key Support-Resistance level of Nifty Future

§  If Nifty Future touches 12284.90 within Friday, then an small term correction may start.

§  In that scenario correction may be of 208 to 215 points.

Nifty Tips Today

Key Support-Resistance level of Nifty Future

Ø  First support of the day is 11918/17,

Ø  First resistance of the day is 12099.85 or 12108.85;

Ø  Vital resistance is 12121/12123.

Nifty Tips Tomorrow

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  Vital support is 11018.35;

§  If Nifty Future breaks 10988, then just wait to watch sharp fall.

§  Above 11105.85, next resistance is 11133.75;

§  If Nifty Future able to cross 11151, then may face next resistance at 11170 or 11178;