Hi,
we had written:” If NF is not crossing 4875 then it will go up to 4833. Break below it with volumes and sustaining below it will take NF to 4809”. Yesterday NF opened at 4872 and made intraday low of 4808. Then given a sharp rally to cross 4875, NF made high of 4885 but could not sustain above it and again given vertical fall.
We had also written on yesterday:” Below 4782, there will be panic selling”. But NF has made low of 4788 and closed at 4816.
Today’s trading levels for Nifty Future:
Resistance: 4829-4839-4875-4885-4908-4924
Support: 4782-4759-4750-4688
Now today, on remaining below 4810, NF will go up to 4782. Break below 4782 with volumes will take NF to 4759-4750. Sustaining below 4750 with volumes will take NF to 4688.
Above 4810, NF will go up to 4829-4839. Crossover above it will take NF to 4875-4885.
What to do buy or sell? That details to our subscribers.
Regards,
analysenifty team