Nifty Future Closed @ 5387
Nifty Future Supports @ 5330-5220-5100
Nifty Future Resistances @ 5470-5575-5650
Nifty Future Strong Above 5540 & Weak Below 5410
Nifty Future continues to make new low by breaching crucial supports. Nifty future trading @ extremely short term bearish phase. Now, It standing near medium term support @ 5350-20. Technically, It can bounce sharply till 5570-5650 if holds 5350 on closing basis. Closing below 5350, It could move towards Next supports @ 5220-5100. One Should think of adding Long/Short as per Crucial Trend decider of 5350 on closing basis. Trend will change to bullish only if closes above 5640 for 2/3 days. Long term outlook remains bullish and this correction is 20 Month Bull market correction not bear market correction. Long term Investors should accumulate Fundamentally Strong Scrips with 1 year time-frame in parts as risk-reward is fruitful in long run.
" Trade with Levels not with Hope "
Regards,
www.equityahead.com
www.equityahead.net
www.equityahead.in
Nifty Future Supports @ 5330-5220-5100
Nifty Future Resistances @ 5470-5575-5650
Nifty Future Strong Above 5540 & Weak Below 5410
Nifty Future continues to make new low by breaching crucial supports. Nifty future trading @ extremely short term bearish phase. Now, It standing near medium term support @ 5350-20. Technically, It can bounce sharply till 5570-5650 if holds 5350 on closing basis. Closing below 5350, It could move towards Next supports @ 5220-5100. One Should think of adding Long/Short as per Crucial Trend decider of 5350 on closing basis. Trend will change to bullish only if closes above 5640 for 2/3 days. Long term outlook remains bullish and this correction is 20 Month Bull market correction not bear market correction. Long term Investors should accumulate Fundamentally Strong Scrips with 1 year time-frame in parts as risk-reward is fruitful in long run.
" Trade with Levels not with Hope "
Regards,
www.equityahead.com
www.equityahead.net
www.equityahead.in
