30 November 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 1 DEC 2016

The market has ended on a firm note. The Nifty closed above 8200, up 82 points at 8224 and the Sensex was up 258 points at 26652. Market was still volatile. The only positivity is that it was still in green zone.
On the upside, the Nifty has significant resistances at 8250 and 8300 levels. A conclusive rally above the second resistance is needed to strengthen the bullish momentum and take the contract up to 8330 and 8350 in the same period. Therefore, traders with a short-term perspective should desist from trading in the index futures contract as long as it trades in the sideways band between 8150 and 8100.
More about on Google +
Supports: 8150 and 8100
Resistances: 8250 and 8300

3 comments:

  1. TO GET FREE TIPS YOU CAN VISIT OUR STOCK FUTURE BLOG VISIT BEST STOCK FUTURE TIPS

    ReplyDelete
  2. As per ur analysis it was clear red from 21.10.16 to 24.12.16 nd nifty would test 6300 in December. This predictions can still be true

    ReplyDelete
  3. TO GET FREE TIPS YOU CAN VISIT OUR STOCK FUTURE BLOG VISIT BEST STOCK FUTURE TIPS

    ReplyDelete