Technical View:
Nifty future started with the smart gains on Monday snapping two session of losing streak, as
software services exporters gained after Wipro posted solid earnings. Nifty futures closed at 6317
with a high of 6332. Nifty for next trading session would have the resistance of 6355 if it breaks this
level than having the next resistance of 6410 and in down side having the support of 6285 if it
breaks this level than having the next support of 6240.
Pivot level:
S3 |
S2 |
S1 |
PIVOT |
R1 |
R2 |
R3 |
6132 |
6216 |
6268 |
6300 |
6352 |
6384 |
6468 |
Trading Strategy:
BUY ON DIPS.
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