Monday, 7 August 2017

MARKET TREND 08.08.2017

Nifty Future ended at 10086(-26) and BNF at 24980(+23). Today the range was very narrow and looking for cues for a sharp move on either side.

A 15 minute close above 10124 will lead NF to 10160.  

For BNF a close above 25085 will push it to previous higher levels.

Nifty Future Support 10075/38/18/9985  Resistance 10103/124/155

BNF Support 24938/755/699/607  Resistance 24996/25086/25260.

Do not short this market.. Trend is up. The side way movement in Index may persist for a day or two.


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