Wednesday, August 9, 2017

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 10 AUG 2017

Market ended Wednesday trading session on bearish noteGeopolitical tensions hit market sentiment.The Sensex fell over 200 points to end at 31797 level. Today nifty future has broken the  major support level 9950-9930 & closed at 9913. Nifty future opened at 9977 made a high of 9989 & low of 9912. 
After seeing a downfall today we are expecting nifty to trade near last support level 9900. This is an indication to create short position. Any breach in nifty future below the 9900 level will see some more downfalls toward 9850 level. However, investors should strictly avoid any aggressive shorts. On the upside, the key resistance level is 9990 followed by 10150.
Resistance: 9990, 10125, 10150
Support: 9900, 9875, 9850

3 comments:

  1. I do trade in positional nifty calls. could u suggest me any call for long period..

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  2. STAR BEARISH; AS PREDICTED ON 09 AUG 2017; TO READ FULL POST VISIT EQUITY FUTURE CALLS ; FOR LIVE TRADING LEVELS WHATS UP ME ON 09039542248

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