Technical View:
Nifty future ended on a flate note after being stuck in a narrow trading session. Sentiment get boost
in mid afternoon trades after rating agency Moody’s said that rating downgrade was not on cards.
Nifty futures closed at 6329 with a low of 6305. Nifty for next trading session would have the
resistance of 6360 if it breaks this level than having the next resistance of 6410 and in down side
having the support of 6275 if it breaks this level than having the next support of 6230.
Pivot level:
|
S3 |
S2 |
S1 |
PIVOT |
R1 |
R2 |
R3 |
|
6235 |
6281 |
6305 |
6328 |
6352 |
6375
|
6422 |
Trading Strategy:
BUY ON DIPS.
0 comments:
Post a Comment