TO GET FREE OPTION/FUTURE/NIFTY/CASH TIPS FILL UP THE FORM GIVEN HERE>>>>>
After making record high of 11073 nifty future came down to 10986 down by
37 points after a no-confidence motion against the Modi government was moved in
the Lok Sabha today. Nifty future has started the day from 11055 made a
low of 10955. The
Sensex closed lower by 146 points to 36373; The Indian rupee on Wednesday
weakened against the US dollar, tracking losses in Asian currencies after US
Federal Reserve chairman Jerome Powell’s positive assessment of the US economy
boosted the dollar.
Nifty supports shifted higher and the trade setup remains in favor of the bulls, but the index needs further strength to get past multiple hurdles and make its way towards the 11200 level. It appears the last three sessions of the corrective consolidation phase is a mere pause of the ongoing strong uptrend as the advance-decline ratio tilted in favor of the bulls during the course of the day. After a smart up move, some consolidation cannot be ruled out in the coming sessions. However, the support for the Thursday is seen at 10930 while the resistance would be at 11200 levels.
Nifty supports shifted higher and the trade setup remains in favor of the bulls, but the index needs further strength to get past multiple hurdles and make its way towards the 11200 level. It appears the last three sessions of the corrective consolidation phase is a mere pause of the ongoing strong uptrend as the advance-decline ratio tilted in favor of the bulls during the course of the day. After a smart up move, some consolidation cannot be ruled out in the coming sessions. However, the support for the Thursday is seen at 10930 while the resistance would be at 11200 levels.
More about intraday tips on Google +
Resistance: 11200, 11225, 11250
Support: 10950, 10930, 10900
I beloved as much as you'll receive carried out right
ReplyDeletehere. The caricature is tasteful, your authored material stylish.
nevertheless, you command get got an impatience over that you would like be
turning in the following. unwell for sure come further before once more
as exactly the similar nearly a lot regularly within case you protect
this hike.