Welcome to an Eventful Week Ahead. RBI policy on 25th & FnO expiry on 27th will turn out to be a Game-Changer in this Forthcoming 4 day Shortened Trading Week.
Expect a decent pullback in Nifty Fut till it holds 5625.
Going Forward,
Nifty Fut will face stiff resistance at 5763-5778 levels crossing & sustaining above which, It will be Positionally Bullish & may touch 5869 & 5945.
Nifty Fut will face stiff resistance at 5763-5778 levels crossing & sustaining above which, It will be Positionally Bullish & may touch 5869 & 5945.
But, If fails to cross & sustain abv 5778, Will be in a trading range 5625-5778.
Strong support lies at 5628-5635.
Only if it breaks & closes below 5625, it may touch 5541 & 5468..
Be quick in your Trades as Movements are expected to be very spiky & Trade with Stricter SL. When in Profits, Either book Gains or Keep Trailing with a revised SL in order to maximize gains & reduce Risk Factor.
Be quick in your Trades as Movements are expected to be very spiky & Trade with Stricter SL. When in Profits, Either book Gains or Keep Trailing with a revised SL in order to maximize gains & reduce Risk Factor.
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Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
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Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews
Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.
Happened Exactly as advised !!!
ReplyDelete5778 Crossed in a spike but did not sustain & the Effect was visible.
(5778 > 5625) & (5625 > 5490).
Hope you enjoyed & are safe.