Expect Markets to open on a negative note following another Sell-Off in the Global markets. Keep an eye on Rupee which has continued to slip further.
Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.
Key Nifty Futures Levels :
Supports : 4687 & 4653.
Resistances : 4735 & 4774.
Probable Trading Range : 4653 – 4774.
Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.
Key Nifty Futures Levels :
Supports : 4687 & 4653.
Resistances : 4735 & 4774.
Probable Trading Range : 4653 – 4774.
Happened Exactly as advised !!
ReplyDeleteAdvised about weakness in Markets owing to New Low in Rupee.
Resistance given 4735. Check the High 4735 - Exact !!!
Result : 4730 to 4680 !!! Decent gain of 50 pts.
Sent Earlier in Morning View : Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.
Happened Exactly as advised Both Sides !!
ReplyDeleteResistance given 4735. Check the High 4735 - Exact !!!
Result : 4730 to 4680 !!! Decent gain of 50 pts.
Now As soon as it crossed 4735, Effect :: 4735 to 4780….
Flat 80-90 pts in Intraday.
Sent Earlier in Morning View : Now, Nifty Fut needs to cross critical resistance zone 4728-4735 for bounce back upto 4770/4810++. If does not cross 4735, then lower levels of 4660/4635 could be tested.