Good Morning and Wish You a Happy Trading
Session ….
Yesterday Nifty future made high 11181
(almost near of its’ life time high 11185.95, dated 29.01.2018), it is quite
common after crossing of a top and very near of a top, always take a
correction,
Bottom of this upmove is 10556.95
(dated 28.06.2018) and sub bottom 10942 (dated 19.07.2018) indicating that NF
is very near of it’s coming TOP.
Therefore a correction is quite
possible.....
Intraday 1st resistance is
11189.......above 11198 vital resistances are 11205.65....11209....10213.....
Vital support is
11134.....below 11117 next melting point may be 11008....
Disclaimer: Before investments consult your Investment guide,
this is not a recommendation to invest, Market prediction is only to watch, not
to trade.
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Kolkata,
Friday 27th July’2018, 08: 30 am