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Nifty Future Daily View – Support at 5870-5877 zone & No worry for bulls above 5840 for short term trend.


Nifty Future

(Updated at 07.40 AM)

On Friday written that sharp retracement

not ruled out from 5930-5940 zone.

Nifty spot moved down to 5860.50 and closed at 5871.45.

Trading view for  Today………

No worry for bulls above 5840 for short term trend.

Support at 5870-5877 zone.

If trades below 58770-5865 for 15 minutes

then see slide up to 5854-5844.

Crucial support at 5840 & major support @ 5800.

Above 5892 see rally up to 5900-5908.

If trades above 5908 and not breaking below 5888 then

see blast up to 5929-5941-5955.

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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