NIFTY FUTURE 30 MIN /NIFTY FUTURE EOD
NIFTY FUTURE :
"Bharat Bandh" today affected the market in the form of narrow range of 30 points and low turnover at the bourses. The good part was that 5225 level was not broken today.
For tomorrow, long position should be taken only above 5275 with stop loss of 5245. On higher side it will find resistance at 5320 - 5365 and 5420.
Fresh short position should be taken only below 5200 with stop loss of 5230. At lower level, it will have support at 5150 and 5080.
Put Call Ratio of Index Options increased to 1.15 as against 1.01 on the previous trading day.
Please do not trade without STOP LOSS.
With Best Wishes,
Ketan Asher.
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