Nifty now Bear Trap

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  First resistance is 12118.15 or 12124.85;

§  Above this next vital hurdle is 12152.60.

§  Below recent low 11976.60 next support is 11834.75.

§  From day’s high chance of sharp correction is quite positive.

§  Don’t be trapped at higher level.

05:09 pm, 8^th January, 2020

Nifty-Reliance-Tips

Key Support-Resistance level of Nifty Future

Ø  Vital support of the day is 11948.25----11944.45—11942.20;

Ø  Below this crucial support is 11928.75.

Ø  First resistance of the day is 11995.

Ø  Above 12020 Nifty Future will cross 12066.

Reliance Industries:

Vital resistance of the price of Reliance is 1549.30;

If open in red then may take support at 1517.95/1517.40

Crucial support of the day is  1513.70 or 1513.40.

And the price movement may take intraday reverse.