NIFTY FUT (5559)
Closing Base Support and Resistance
Nifty Support at 5555-5530-5463
Nifty Support at 5555-5530-5463
Nifty Resistance at 5580-5604-5626
Today market will open gap up Yesterday we saw nifty open in gap down and remain very choppy in fix range. Today we will see nifty may try to cross 5580-5604. For nifty 5604 is major resistance and
5550 is major support level. If nifty close above 5604 for two days, then only nifty may touch 5640 to 5710 in coming days. Today in first hour of market remain neutral is advisable. Use SL strictly in every trade.
5550 is major support level. If nifty close above 5604 for two days, then only nifty may touch 5640 to 5710 in coming days. Today in first hour of market remain neutral is advisable. Use SL strictly in every trade.
Yesterday we told nifty support at 5555 and nifty made open low of 5550 and close above 5555 at 5559. You can also predict this. This is a power of Technical Analysis. It is a power of Charts. (Very soon we are going to start Technical Analysis Course. Be in touch with us)
Buy nifty only above 5580 for the target of 5599-5620-5642 Keep sl of 5568 on closing basis.
Sell Nifty only below 5548 for the target of 5529-5510-5488 keep sl of 5563 on closing basis.
