Technical View:
Nifty future ended on a flate note on Friday with biggest weekly fall in eight weeks as due to
depreciating USD/INR nifty managed to close above 6200 level. Nifty futures closed at 6251 with a
high of 6261. Nifty for next trading session would have the resistance of 6280 if it breaks this level
than having the next resistance of 6330 and in down side having the support of 6200 if it breaks
this level than having the next support of 6150.
Pivot level:
Nifty future ended on a flate note on Friday with biggest weekly fall in eight weeks as due to
depreciating USD/INR nifty managed to close above 6200 level. Nifty futures closed at 6251 with a
high of 6261. Nifty for next trading session would have the resistance of 6280 if it breaks this level
than having the next resistance of 6330 and in down side having the support of 6200 if it breaks
this level than having the next support of 6150.
Pivot level:
S3 |
S2
|
S1 |
PIVOT |
R1 |
R2 |
R3 |
6117
|
6177
|
6214 |
6237
|
6274 |
6297 |
6357
|
Trading Strategy:
BUY ON DIPS.
Nifty Future for today
ReplyDeleteSILVER (5 MAY.) TREND: CONSOLIDATE
RES 1: 47370
RES 2: 47700
SUPP 1: 46770
SUPP 2: 46430
STRATEGY: BUY ON DIPS
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