NIFTY FUTURE:
As expected Nifty Future did correct from 4300 level. Had it not been for strong performance by Reliance, the fall could have been much more. Strength in US markets will have a positive impact, but again it will be Reliance which will influence the day's trend.
Short Nifty Future only below 4190 with stop loss of 4220 . Nifty Future will find support @ 4165 and 4100 levels. On higher side 4300 -4330 and 4385 will act as resistance.
In case of strong opening, one can buy near yesterday's close with stop loss of 4190.
Please do not forget to use Stop Loss as market is at a critical stage and could be volatile.
Regret for the delayed posting.
Have a nice day.
Ketan Asher.
Note:
Feed back from regular readers about the change will be of great help.
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