Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Is Nifty Future Trend Closer To The Start Up Move?



Last Close:5705Investing Quote… “The Tape Reader’s profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears to make a loss.” ~ Richard D. Wyckoff

 Nifty closed down 49.95 points at 5677.90 while Nifty futures closed at 5705.55, a premium of 27.65 points. FIIs bought in Cash, net buy 283.79 Crore while DIIs sold in Cash, net sell 340.60 Crore. FIIs bought in Index Option, Stock future but sold in Index future, net buy 771.35 Crore.

I think it’s now time to start to looking for a possible top, a top that might surprise many bulls.

Ideally a small deep is seen on Monday then a  rally and if close in green in next 1-2 days will take rally up to 5860-5900.

The negatives are:

Closing below 5700 will problematic for Nifty Future.

What For Today

Nifty is trading  now at its crucial support . Technically in chart , Today Nifty Future  feel strong support at 5719-5694 .

and if sustain above 5760 then rally will up to 5782  and above  5782  it is  possibility for the up move up to 5830.

If you are interested in being on the right side of the market, just Subscribe to Our Service.

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.

Previous ArticleNext Article
Mr.Guru(s) is a team of stock market certified technical and research analysts with over 20 years of experience. They are regular guests on popular online channels and contribute articles to several financial publications. Their insights and advice are respected by investors worldwide. With their collective knowledge and expertise, they have a proven track record of successfully predicting market movements and identifying profitable opportunities.

Visit here: Premium Stock Tips →
Join Today (Free): Stock & Nifty Tips

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Live Chat
< 4 min wait
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend