4 August 2017

NIFTY CLOSING FOR FRIDAY 04 AUG 2017

On the week ended Friday The nifty future is trading below support level 10055. Nifty future has opened at 10028 made a high of 10054 & came down to 10018 level.  The index was pulled lower mostly by Sun Pharma, Lupin, Dr Reddy’s, Cipla, ONGC and Reliance Industries.
The nifty future is having strong support of 10000 level. The resistance for the nifty future lies in the zone of 10085 to 10010. If the index manages to close above these levels then the index can move to the levels of 100135 to 10050. Support for the nifty future lies in the zone of 10010 to 9950. Nifty may close near 10060 level.

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