Hi,
So, it was written clearly on yesterday:”chances are bright that NF take support around 5118 or 5096 and take reversal”.
Yesterday NF has taken support at 5122 in the morning itself and reversed. NF made high of 5186.8 (resisted at 5185) and closed at 5137.25.
Today’s trading levels for Nifty Future:
Resistance: 5185-5215-5232-5339
Support: 5118-5096-5011-4967-4951
Today also 5118 and 5096 will provide good supports.
On upper side 5185 is providing good resistance from last 3 days. Today on crossover above it with huge volume will take NF to 5215-5232. Above 5232, next target is 5339.
There is a gap at 5232-5339, so on crossover above 5185, one has to be alert around 5232.
Till NF is above 5011, there is no problem for bulls.
Now what to do? You have to trade with levels only. More details to our subscribers.
Regards,
Analysenifty Team
Analysenifty Team
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