Technical View:
Nifty future ended with minor gains on the expectation that central bank will keep monetary policy
unchanged next week. Nifty futures closed at 6329 with a high of 6342. Nifty for next trading
session would have the resistance of 6355 if it breaks this level than having the next resistance of
6410 and in down side having the support of 6305 if it breaks this level than having the next
support of 6240.
Pivot level:
|
S3 |
S2 |
S1 |
PIVOT |
R1 |
R2 |
R3 |
|
6250 |
6287
|
6306 |
6324
|
6343
|
6361 |
6398
|
Trading Strategy:
BUY ON DIPS.
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