Hi,
Due to some technical problem we could not provide you daily update since last 2 days but strategy was clearly given on Friday itself.
On Friday, we have clearly written that NF will pause around 4829-4812 and watch out for reversal. Also we had written that expiry can surprise you. NF made low of 4801.1 and reversed on Friday.
We advised our clients to buy NF around 4826 and part booked on yesterday.
Have you bought NF at lower levels?
Today’s trading levels for Nifty Future:
Resistance: 4982-4996-5012-5075
Support: 4933-4866-4816-4801
Today 4982-4996-5012 zone is strong resistance zone. Crossover above it and sustaining above it with volumes will give sharp rise in NF.
On lower side remaining below 4933 will take NF to 4866.
What to do? More details to our subscribers.
Regards,
FROM
ANALYSENIFTY TEAM
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