Friday, September 1, 2017

FORWARD MARCH OF NIFTY ABOVE 10,000

Nifty above 10,000 again..!!!!Bulls roar on the first day of September series. Nifty is back to the comfort zone of 10,000 in today trade while the Sensex ended 0.51 % higher at 31892 as a weaker-than-expected economic growth data raised hopes the central bank would cut interest rates in October.  Nifty future has started at 9945 made a high of 10017 & low of 9937 & closed at 10003.
It was modestly positive start of September series and expects the upward move to continue.  The bias will remain positive as long as Nifty remains above the crucial support at 9800. The 10055 and 10095 levels will act as immediate resistance for the Nifty on Monday, while supports may come in at 9945 and 9910 levels. 
More about intraday tips on Google +
Resistance: 10055, 10075, 10100
Support: 9975, 9950, 9925

No comments:

Post a Comment