Nifty – Need Confirmation of Correction

Key Support-Resistance level of Nifty Future of this week

§  First support of the week is 9277 OR 9267.95.

§  Below the mentioned levels vital support is 9236.

§  If Nifty Future takes support at any mentioned level, then a bounce back of 400 to 410 points may pull the index to up.

Nifty Trading Today

Key Support-Resistance level of Nifty Future

§   If Nifty Future able to sustain above Friday’s low (11931) then may bounce back to 12085.

§  First support of the day is 11912;

§  If close below 11882, then vital support may be 11861---11856 (weekly view).

Nifty Future Live

Key Support-Resistance level of Nifty Future

Ø  Vital resistance of the day is 12188;

Ø  Crucial support of the day is 11949.55;