manavtechresearch

NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

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

-SGX NIFTY IS AGAIN SHOWING A 80 POINT BUMP UP
-TILL NOW NO POINT OF REVERSAL SEEN
-YESTERDAY A SHARP 100 POINT DIP WAS BROUGHT SO HEAVILY THAT IT TOOK THE MORNING HIGH
-ALSO MANAGED TO CLOSE AT THE HIGHEST POINT ON THE INDEX
-CRUCIAL SUPPORT COMES IN @12523
-CRUCIAL RESISTANCE COMES IN @12800-13000
-NO DASH TRADES AVAILABLE
-NO POINT OF REVERSAL SEEN SO WAIT IT OUT
-BUYING AT HIGHER LEVELS NOT SUGGESTED


RESISTANCE FOR THE DAY ( FUT )
12800-13000
SUPPORT FOR THE DAY ( FUT )
12523-12425

SCREENSHOT


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