Today, while updating this SGX nifty is trading at 4989.
Today’s trading levels for Nifty Future:
Resistance: 4988-5002-5035-5046-5062-5097
Support: 4959-4937-4913-4885-4834
Today
on crossover above yesterday’s high, 5002 will be first hurdle for the
day. On crossover above it will take NF to another supply zone of
5035-5046-5062. On crossover this zone will lead to huge short covering
in the market.
On
lower side 4959 is an immediate support. On break below it will take NF
to 4937. To keep this trend up 4937 should be protected. On break below
it with huge volumes will take NF to 4885. 4913 may also provide
support during this so one has to be alert around this level.
Regards,
ANALYSENIFTY TEAM
No comments:
Post a Comment