Charts: TATA STEEL - TATA POWER - SAIL
Charts: RELIANCE - ICICI BANK - NIFTY EOD
NIFTY FUTURE 30 MIN
NIFTY FUTURE:
In today's trading Nifty Future did not break yesterday's low of 4525, but at the same time could not go above yesterday's high of 4609. Thus Nifty future has done double top, which is a cause for concern for Nifty Future to attain higher levels.
In today's trading Nifty Future did not break yesterday's low of 4525, but at the same time could not go above yesterday's high of 4609. Thus Nifty future has done double top, which is a cause for concern for Nifty Future to attain higher levels.
On down side one can go shourt when Nifty future is below 4565 with stop loss of 4602 and target of 4525 - 4500 and 4460.
On higher side Nifty Future can be bought only above 4611 with stop loss 4565 and target of 4660 and 4680.
As we are approaching the FNO settlement volatility will increase and hence STOP LOSS should be strictly followed.
With best Wishes,
Ketan Asher.
Thought for the Day
Happiness is the profit we harvest from life.
All life's activities should be periodically reviewed for their return on investment.
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