NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Primary Trend : Negative

Range-Bound Trend : All up Moves can initiate profit Booking @ 19630 whereas All Down Moves can Initiate Short Covering @ 19500

Upside:
If Nifty futures for the Oct Series move above 19550 and sustain. Then Nifty futures can touch 19616 and then 19675 during the day.

Downside:
If the support of 19519 is broken then Nifty Futures can touch 19460 and then 19412.

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Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

Thanks
Er. Simranjit Singh Virdi




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