Nifty Futures are safe for long positions above 11,800 for Target 12,500. Below 11,800 we can see rapid weakness and selling pressure till 11,300.
Nifty Futures did not break their 20 SMA line on 15 min chart the whole day, which is very bullish. As soon as they bounced back from the testing at 10,780 level today morning, that was a good opportunity to create fresh long positions with Nifty futures. Today, Nifty has crossed its 200 day SMA […]
Nifty futures have bounced back nicely from their support level at 10,130 and they have also successfully crossed the downtrend resistance line at 10,220. Therefore Nifty futures can now go and retest the levels of 10,500. [Bonus Trade] Buy Nifty Futures at 10,350 for Target 10,480 and Stop Loss 10,230. Nifty futures rally in Oct […]