The market
continued with their record-breaking rally for the ninth straight session on
Wednesday, buoyed by media reports of Russia-Ukraine ceasefire. As we have given the levels 8150-8170 in
our last post, today nifty future made a high of 8173. Today Nifty index
also reclaimed its crucial psychological level of 8,100 and rose nearly 59
points in trade to hit its fresh lifetime high of 8,141. Today nifty future
started at 8140 made a high of 8173 and low of 8118 and closed at 8143, total
55 points was moved by nifty future throughout the day.
At the time of closing
nifty came down and closed at 8143 so for tomorrow nifty will try to cross the
hurdle of 8150 if this level strongly crossed by nifty future then nifty will
touch 8173-8200 by tomorrow. 8130-8110 will act as supporting levels for nifty
future.
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RESISTANCE:
8150, 8170, 8190
SUPPORT:
8130, 8110, 8090
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