Nifty Future Mantra – 10th August’ 20

 

Hi Friends,

 

Good Evening,

Before discussing tomorrow’s view about Nifty Future, I think I should alert you that Nifty Future is very near of its 3^rd inner top.

If Nifty Future breaks recent low 10883.40, then I will change my view. In that scenario I will say Nifty Future already formed its 3rd inner top at 11343.40.

Let’s talk about tomorrow’s view.

Vital resistance of Nifty Future is 11290 or 11302. (Not 11290 to 11302, it means either 11290 or 11302).

If Nifty Future able to cross recent high 11343.40 then may run towards 11480+ (will update the exact level if require).

Vital support is 11184 or 11180.25.

Closing below of them the index may start to meltdown to 10984 (within the week not tomorrow).

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

Note: We will meet on my YouTube channel within a very short period.

Nifty Near TOP

Good morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

 

        On Friday written about the vital resistance 12355,

           Nifty Future made high 12357 and fall 102 points.

§  First support of the day is 12281.50 or 12278.60;

§  Crucial support is 12168/12167.

§  Vital resistance is 12406 or 12409.

                      Very Tough Hurdle is 12427.70

Nifty Future Analysis

Key Support-Resistance level of Nifty Future

v First resistance zone of tomorrow is 11889 ---11891.25 --- 11902.60;

v Above this vital resistance is 11914;

v From day’s high s sharp correction is quite possible.