7 April 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 8 APRIL 2017

FOR FREE NIFTY FUTURE,STOCK FUTURE & OPTION TIPS FILL UP THE FORM HERE>>>>
Bears came in action on Friday amid weakness in Friday after the US President Donald Trump order for missile strikes against Syria air base, potentially escalating geopolitical tensions.. A range bound trading day ended on lower note. The Sensex was down 54 points at 29873, while the Nifty was down almost 14 points at 9248.
If this geopolitical tension escalates further, Nifty may retrace to 9150 in the upcoming session but it will not change the prevailing uptrend. Traders should maintain positive yet caution approach and keep a close eye on world markets for further cues. On the upside, Nifty has resistance at 9300 and if it is taken out, the index could head to 9400-9500 levels as well.
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Resistance: 9300, 9350, 9400
Support: 9150, 9100, 9050

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