Good Morning and Wish You a Happy Trading Session ….
After
a continuous correction Nifty Future has taken a sharp bounce back of 233
points within an hour on Friday.
Although
that was sharp up move, but today’s trade will clear it was bounce back or starts
of a fresh rally.
Key Support-Resistance level of Nifty Future
Vital
resistance of the day is 10923.90; if Nifty Future cross the level with volume
then may face next hurdle at 11047.60.
Tough hurdle
of the day is 11155.10;
If Nifty
Future opens at gap-up then profit booking may drag Nifty Future around
10620.10.
Crucial
support of the week is 10532.30.