Charts: SBI - SAIL - RELIANCE
Charts: MARUTI - ICICI BANK - NIFTY FUTURE EOD
NIFTY FUTURE 30 MIN
NIFTY FUTURE:
In view of weak Asian markets, Nifty Future opened with almost 60 point gap and could not fill the gap during the day. It made a low of 4635 and closed near the day's open 4374. Front line stock viz Infosys,Reliance, Tata Steel etc. led the downfall. In light of the overall weakness in the World markets, it is quiet likely that weakness in our markets will accelerate tomorrow.
Nifty Future can be sold below 4650 with stop loss of 4680. It will find support at 4590 - 4550 and major support @ 4500.
Please do not trade without STOP LOSS.
With Best Wishes,
Ketan Asher.
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