Nifty Future Move

Key Support-Resistance level of Nifty Future

·        Today’s main factor of Nifty Future is 12120 (yesterday’s low).

·        If Nifty Future able to sustain above the level and start to move up then first resistance of Nifty Future is 12250.30;

·        Below 12120 first support of the day is 12064.95.

·        Crucial support is 12010.90.

Nifty and Reliance Tips

Good Evening and Wish You a Happy Trading Session Tomorrow ….

Key Support-Resistance level of Nifty Future

o   Vital resistance of the day is 11541.15

o   From days high a correction of 120 is quite possible.

o   Closing above the mentioned level Nifty Future may face next hurdle at 11725.75.

Reliance Industries:

Vital resistance is 1396.30; overall trend is up.

Nifty Trading Tips

Good Evening and Wish You a Happy Trading Session Tomorrow....

Market Outlook

Any bounce back from below 11113.75 is a dead cat jump.

Key Support-Resistance level of Nifty Future

·        If Nifty Future fail to sustain above 11113.75 (recent low), and start to trade below the level then next vital support are 11072 or 11067.75.

·        If Nifty Future takes support at 11067.7 and start to bounce back then a up move journey may pull Nifty Future 460+ points.

·        Monday and Friday of this week may be two reversal day of Nifty move.