NIFTY FUTURE WEEKLY UPDATE
mentioned that long positions for the day can be taken above 10510 and short positions can be taken below 10410 . Nifty triggered our SHORT trade for the day and completed 2 targets . As mentioned in the previous post " Now this week Nifty has to sustain / close above 10428 to test 10650 - 10675 initially and above it till 10765 - 10860 next . For a further downmove this week Nifty has to sustain / close below 10350 to test 10250 - 10235 initially and below it till 10145 - 10100 next ..
For coming week bulls need to trade above 10430 for a move back towards 10600/10765. Bearish below 10300 for a move towards 10100/9900.
NIFTY FUTURE ROLLOVER COST AT 10395
mentioned that long positions for the day can be taken above 10510 and short positions can be taken below 10410 . Nifty triggered our SHORT trade for the day and completed 2 targets . As mentioned in the previous post " Now this week Nifty has to sustain / close above 10428 to test 10650 - 10675 initially and above it till 10765 - 10860 next . For a further downmove this week Nifty has to sustain / close below 10350 to test 10250 - 10235 initially and below it till 10145 - 10100 next ..
For coming week bulls need to trade above 10430 for a move back towards 10600/10765. Bearish below 10300 for a move towards 10100/9900.
Nifty FUTURE Levels for the WEEK are
Long above 10430 for 10550 - 10681 - 10736, SL 10350
Short below 10330 for 10250 - 10120 - 9900 , SL 10410
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