Monday, October 29, 2018

NIFTY LEVELS & FREE NIFTY FUTURE TIPS FOR 30 OCT 2018

NIFTY TODAY
The benchmark indices settled over 2 per cent higher on Monday, as investors lauded a solid set of September-quarter earnings in large-cap companies such as ICICI Bank and Dr. Reddy’s Laboratories. In a strong rebound for market today, the Sensex and Nifty staged a smart recovery to rise over 2 percent each in afternoon trade. While the Sensex rose 718 points to 34067, the Nifty gained 220 points to 10250.
NIFTY TOMORROW
Nifty has reached closer to the immediate and crucial hurdle of 10350, and a decisive breakout will trigger fresh surge ahead. We suggest maintaining positive yet cautious approach in the nifty future, considering the mixed sentiment. Traders should focus more on the money management aspects and avoid taking unnecessary risk. The 10400 and 10450 levels may act as immediate resistance levels for Nifty, while supports may come in at 10200 and 10100 levels.
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Resistance: 10350, 10400
Support: 10200, 10100

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