We have given to sell nifty call 11784 nearby for targets 11611 which have been achieved.
Now, wait for resistance because, 11600 is the greatest support for nifty future for short term.
If its break, then we can see more 70-134 points fall.
Intraday Resistance 11654 and another also far from current 11671-11683, Therefore you should keep patience today for trading.
for another scenario, if break directly following below 11600, then short term downtrend. Support will be 11568-84 intraday only.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
