Nifty Future last close : 10954.30
September has been a very bad month for the markets, Even good quality stocks have gone through brutal correction. Nifty Fut has corrected 840 points from recent high’s.
But most of the stocks has corrected 30% to 75%. Even this one is not happened in after budget correction.
Now NF can be considered as support at 10880, Once if closes below the level,
Finding next supports 10720 and 10590 will be checked soon.
Suppose NF if takes support at 10880, Little bit rally will be expected 11150-11200
But if comes higher levels likes resistance zone can go short.
Day Traders : Can journey with market trends.
Long term investors : Be patience and invest valuable stocks on every declines.
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Updated : 01.03 PM / 30th Sept 2018