NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

INDEX SUMMARY

-NIFTY INDEX IS TRADING IN A TIGHT RANGE
-CONTRACTING AND THE RANGE IS GETTING TIGHER
-TIGHT TRADING RANGE IS FROM 11425-11575
-BREAK BELOW 11425 WILL SEE LEVELS OF 11380 FURTHER IF BREACHED WE CAN SEE 11325
-THIS LEVELS ARE FOR IMMEDIATE SHORT-TERM
-ON THE UPSIDE NIFTY NEEDS TO SUSTAIN ABOVE 11575 TO SEE LEVELS OF 11620
-IF FURTHER BREACHED WE CAN SEE LEVELS OF 11680
-SENTIMENT LOOKS NEGATIVE AND THE INDEX IS CONSOLIDATING
-I WOULD LIKE TO SEE INDEX MOVEMENT BEYOND 11325 WE CAN EXPECT 11230-11180
-CRUCIAL SUPPORT PLACED AT @11425
-CRUCIAL RESISTANCE PLACED AT @11575
-WAIT AND WATCH APPROACH
-YOU WILL HAVE A GOOD TRADING OPPORTUNITY ON ANYSIDE
-CONTRACTION WILL LEAD TO A HEALTHY BURST OF A SHORT-TERM TREND

RESISTANCE FOR THE DAY (FUT)
11555-11585-11631
SUPPORT FOR THE DAY (FUT)
11355-11425-11485

SCREENSHOT



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