manavtechresearch

NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

Long
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
INDEX SUMMARY

-SGX NIFTY IS SHOWING A 40 POINT POSITIVE START
-INDEX IS TRYING TO BREAK ABOVE ITS BEARISH ENGULFING BAR CREATED ON 25/11
-YESTERDAY INDEX HAD CRACKED TO RETEST 13000
-WHICH WAS FURTHER LEAD WITH A SHARP RECOVERY LEAD TO SHORT COVERING
-TODAY INDEX IS OPENINIG GAP-UP NEAR 13200
-CRUCIAL SUPPORT KICKS IN @12990
-CRUCIAL RESISTANCE KICKS IN @13170(TAKEN OUT IN OPENING)
-IT IS CRUCIAL FOR THE INDEX TO SUSTAIN ABOVE 13170 FOR FURTHER EXTENSION


RESISTANCE FOR THE DAY ( FUT )
13225-13280-13340
SUPPORT FOR THE DAY ( FUT )
13080-13050-12990

SCREENSHOT

!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
traders mojo telegram channel
derivative trading
https://t.me/tradersmojo