NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY
-SGX NIFTY IS INDICATING A POSITIVE START
-INDEX IS TRADING IN A RANGE
-RANGE IS WIDER DUE TO THE VOLATILITY ON MONDAY
-VIX FALLING AGAIN IS A GOOD THING
-SHORTS ARE NOT GETTING TRACTION ON THE DOWNSIDE
-MONDAY EVENT CAN TURN OUT TO BE A ONE OFF EVENT
-IF INDEX STARTS TO RALLY ABOVE 11610 WE COULD HAVE A TREDNING DAY
-BUT STILL NOT EAGER TO TAKE INDEX TRADE
-SENTIMENT IS MIXED I WOULD WAIT FOR TRADE
-CRUCIAL SUPPORT PLACED @11430
-CRUCIAL RESISTANCE PLACED @11615
-WAIT AND WATCH APPROACH
RESISTANCE FOR THE DAY (FUT)
11615-11680-11715
SUPPORT FOR THE DAY (FUT)
11350-11425-11440
SCREENSHOT
-INDEX IS TRADING IN A RANGE
-RANGE IS WIDER DUE TO THE VOLATILITY ON MONDAY
-VIX FALLING AGAIN IS A GOOD THING
-SHORTS ARE NOT GETTING TRACTION ON THE DOWNSIDE
-MONDAY EVENT CAN TURN OUT TO BE A ONE OFF EVENT
-IF INDEX STARTS TO RALLY ABOVE 11610 WE COULD HAVE A TREDNING DAY
-BUT STILL NOT EAGER TO TAKE INDEX TRADE
-SENTIMENT IS MIXED I WOULD WAIT FOR TRADE
-CRUCIAL SUPPORT PLACED @11430
-CRUCIAL RESISTANCE PLACED @11615
-WAIT AND WATCH APPROACH
RESISTANCE FOR THE DAY (FUT)
11615-11680-11715
SUPPORT FOR THE DAY (FUT)
11350-11425-11440
SCREENSHOT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.