22 October 2018

NIFTY LEVELS & FREE NIFTY FUTURE TIPS FOR 23 OCT 2018

TO GET OPTION CALL PUT TIPS WHATSAPP UR NAME & SEGMENT ON 9039542248 
NIFTY TODAY
Bears appear to have gained upper hand as they sabotaged the good work done by the bulls in the last week before signing off the day with a strong bearish candle which forced the indices to close below 10250 levels which bulls were defending till now on closing basis.  Weakness in the last hour of trade dragged SENSEX & NIFTY to low points. The Nifty ended the session below 10250-mark, while the Sensex shed over 180 points. Against this, the market had a strong start, with the Sensex and Nifty having risen 1% each. The Sensex slipped 550 points to 35975 and the Nifty dipped 150 points to 10858 weighed down by index heavyweight Reliance Industries Ltd as macro concerns, including higher crude prices and liquidity crunch, hurt the trading sentiment. .
NIFTY TOMORROW
As we are in the expiry week for F&O Oct. series, in forthcoming sessions if Nifty doesn't stabilize around its 200-Day EMA of 10150 levels then traders should prepare themselves to see the index heading towards 10000 levels. Upsides bulls will able to revive their chances of coming back provided they manages a close above psychologically important 10500 levels. Till then stakes shall remain in favour of bears with chances of Nifty heading towards 10000 levels.
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Resistance: 10450, 10550
Support: 10200, 10000

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