Technical View:
Nifty future fell nearly 1 percent on Friday after Tata Consultancy services slumped as its quarterly
profit adjusted for other income lagged expectation. Nifty futures closed at 6329 with a low of 6305.
Nifty for next trading session would have the resistance of 6310 if it breaks this level than having
the next resistance of 6355 and in down side having the support of 6230 if it breaks this level than
having the next support of 6150.
Pivot level:
S3 | S2 | S1 | PIVOT | R1 | R2 | R3 |
6099 | 6190 | 6226 | 6282 | 6317 | 6373 | 6465 |
Trading Strategy:
BUY ON DIPS.
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