chart study of Nifty futures
educational purpose only
chart study of Nifty futures
I think 17000 followed by 17850 (doesn't look likely) will be a strong support whereas 17250 look like a minor resistance.
I think one strong push and nifty futures will break through 17250 and we might see a new high.
educational purpose only
Please note that the trend of Nifty future doesn't change until we get a strong closing above 17900.00 but this doesn't mean we will not see swings and I am expecting one soon.
The strategy till then should be sell on rise and the trades should strictly be intraday.
trend will change from down to neutral once we see a closing above 17500.00 and we can expect a new uptrend above 17900
chart study of Nifty futures
I think 17000 followed by 17850 (doesn't look likely) will be a strong support whereas 17250 look like a minor resistance.
I think one strong push and nifty futures will break through 17250 and we might see a new high.
educational purpose only
Please note that the trend of Nifty future doesn't change until we get a strong closing above 17900.00 but this doesn't mean we will not see swings and I am expecting one soon.
The strategy till then should be sell on rise and the trades should strictly be intraday.
trend will change from down to neutral once we see a closing above 17500.00 and we can expect a new uptrend above 17900
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