NIFTY1! NIFTY Futures: The structure is now a Sell on Rise; US equities closed in red, while Asians trade in mild green; Off the 1700 points rally since end- Sept, Nifty has now given up almost 600 points; The key zone now is the (25800- 25644) support; A break opens up 25492 & 25403; Resistances above this zone is at 25789;
NIFTY1! Nifty futures: bullish on both weeklies and Dailies; Geoeconomics is really the only threat out there; global equities supportive today; resistances are at 25998- 26118- 26261; above 26261- target is 26410; and on a conclusive break of 26410- the target is 28938- that’s of course the theory; supports are at 25789- 25644