00:49
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Gap down opening were witness in Nifty but bulls did not wait much and soon replied. Uptrend in Nifty future
start around 5880 kept the trend till the Nifty future made high around
5970. Bulls definitely show strength but in last hour of session bears
were found more aggressive and hammer bulls and closed below 5950. There
is no doubt that bulls are trying hard but still 6000 were far away
from bulls.
For Friday session we expect in morning session bulls will active and push Nifty future to the resistance level 5980, around mid – session bears can take charge on bulls and drag Nifty future towards downside.
Nifty future resistance around 5960-5980 and support near 5900-5850. Important point we like to make in Nifty future is that Friday closing below 5900 can set bears trend for the market for coming days.
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For Friday session we expect in morning session bulls will active and push Nifty future to the resistance level 5980, around mid – session bears can take charge on bulls and drag Nifty future towards downside.
Nifty future resistance around 5960-5980 and support near 5900-5850. Important point we like to make in Nifty future is that Friday closing below 5900 can set bears trend for the market for coming days.
Stock Tips
Commodity Tips
Equity Tips
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