8 September 2014

NIFTY FUTURE OUTLOOK FOR TUESDAY 09-SEP-2014

Week begins on a positive note. Today nifty future crossed the hurdle of 8150. After opening at 8141 bears were trying to take nifty future at 8120-8000 but was failed & bulls takes nifty future successfully at 8197. Today nifty future made a low 8138 and closed at 8192. Total 54 points was moved by nifty future throughout the day.
Now for tomorrow beginning of nifty future is expected at the level 8170. Nifty future will try to make a new high at 8225-8235; if these levels will be achieved by nifty future then there will higher possibilities for 8250 level. At the other side 8150-8130 will act as supporting levels for nifty future.
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RESISTANCE: 8170, 8200, 8,230
SUPPORT:  8140, 8110, 8080

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