NIFTY TRADE PRICEACTION FOR THE DAY

-SGX NIFTY IS SHOWING A UPTICK OF OF 70 POINTS
-NIFTY INDEX HAS BROKEN ABOVE THE 14000 LEVEL
-EXPECT FRESH SHORT COVERING IF NIFTY SUSTAINS ABOVE 14000
-FRIDAY WAS A LOW ACTIVITY DAY AND VIX HAD FALLEN SHARPLY BY 8%
-HUGE OI OR MAX PAIN IS IN THE 14000 STRIKE PRICE
-EXPECT MOMENTUM FROM MONDAY SINCE EVERYONE WILL BE LIKELY BACK TO BUSINESS
-ON THE UPSIDE INDEX CAN FIND RESISTANCE UPTO 14240-14300
-CRUCIAL SUPPORT IS PLACED @13965-13950
-NOTE THERE ARE TRENDLINE EXTENSIONS AND WILL DEVELOP FURTHER
-INDEX TRADING ALONG ITS 20-EMA ON HOURLY/30-MIN CHART THAT IS A GOOD SIGN

NIFTY RESISTANCE FOR THE DAY
14070-14127-14185
NIFTY SUPPORT FOR THE DAY
14025-13985-13950

!!PLEASE CHECKOUT THE SIGNATURE BOX FOR ACTIVE MARKET ANALYSIS!!
!!PLEASE CHECKOUT THE STATUS FOR FURTHER LIVE UPDATES
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!