Nifty Future last close : 10921.65
Nifty Fut has traded 10670 to 10980 in last 20 sessions
Head and shoulder pattern. Head around 10980 and shoulder around 10670
Yesterday NF was made a high of 10963 then slide up to 10907.
Today Nifty Future is expected to open at positive note
Likely to witness side ways trade will be expected during the day
Today Nifty Future is facing a intraday resistance at 10940-10965
If crossover 10965 with volumes, Then will try to move 10990-11010
Very strong hurdle resistance around 11000.
Stay caution at higher levels!!…….. There is no strength at higher levels!!
Means, If comes resistance zone can do shorts. Don’t think to buy!!
Today Nifty Future can be considered as support as 10910 and 10890
Once if breaks 10890 with volumes……… Further weakness will be expected up to 10850
Don’t short at lower levels!!
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Updated : 09.01 AM / 17th Jan 2019
