GM
Today, while updating this SGX nifty is trading at 5066.
Today’s trading levels for Nifty Future:
Resistance: 5070-5086-5111-5151-5198-5206
Support: 5022-5007-4976-4965-4956
Today,
till NF is above 5022, one can look for reversal. First indication of
strength will come above 5070. On crossover above 5070 will take NF to
5086. If NF manages to cross 5086 too then 5111 will be last hurdle for
bulls. On crossover above 5111 and sustaining above 5111 will increase chances of higher side.
Below
5022, 5007 is another support to watch. On break below 5007 will take
NF to a support zone of 4976-4965-4956. If NF is not crossing 5070-5086
and goes to 4976-4965-4956 then expect small bounce from these levels.
Regards,
ANALYSENIFTY TEAM
No comments:
Post a Comment