Tuesday, 30 May 2017

MARKET VIEW 31/5/2017

Nifty future ended at 9615 well above 9600 giving confidence to bulls. Even though many blue chips and midcaps are getting deeply corrected nifty manages to move ahead. The index management is well visible in the moves.

Bank Nifty also ended with modest gains and took support at 23100.

Technical level for  Nifty Future
Support seen at 9565-9561-9543-9513.  Below 9518 it is weak. Resistance 9621-9639-9669.
Next target for NF is 9720.
Trend deciding line is 9469.

Bank Nifty future
Support seen at 23155-102-016.  Resistance at 23258-326-380-465. Below 23238 it is weak.
 Trend decider line is 23189.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.