NIFTY TODAY
Bulls are back on the driver seat!!! November
has turned out to be the best derivatives series for the Nifty index so far
this year. The Nifty barometer Nifty has jumped 7% during the series. Nifty ended higher by more than 1% on
Thursday, as dovish comments from the US Federal Reserve chairman boosted
investor sentiment. The Nifty closed 1.21% higher at 10858, while the Sensex
ended up 1.27% at 36170.
NIFTY TOMORROW
On the upside, the nifty needs to decisively break through the key
resistance at 10900 for an up-move to 10950 levels. Resistances above this
level are at 11100 and 11200 levels. On the downside level 10800 will work as
very strong supporting levels if nifty breaks 10750 level then once again the 10700
levels going to be the target for the bears.
SUPPORTS: 10750 AND 10700
RESISTANCES: 10900 AND 10950
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