How today's stock market will run?
The Nifty Future may find support around the following levels of 14253--14460--14717 on the downside which is price extension drawn from low to high.
㈱㊑🗠
The Nifty Future may find resistance around the following levels of 15132--15546 on the upside which is price extension drawn from low to high.
During the week Nifty Future made a high of 14908 crossing the resistance of 14717 and closed above the resistance of 14717 at 14869.55. For bullishness, Nifty Future has to remain above 14717 levels from a yearly point of view. Nifty Future has made a low of 14461.90 taking our support of 14460 and then continuously rallied from there till 14908.
Nifty Future has closed above 14717 at 14869.55 but the average is below it. So be cautious in buying, profit taking can set in.
Broader trading range for the week: 14253 – 15546
Immediate probable trading range for the week: 14460 – 15132
 |
| Technical Analyst |
No comments:
Post a Comment
Please follow and subscribe