Nifty Future last close : 10642.90
Yesterday Nifty Future has seen huge volatile.
NF was made a high of 10714 and low of 10606, Then went up to 10650
Budget countdown begins & F&O expiry so huge volatile will be expected
While updating SGXNifty were trading at 10710 up 70 points
Today Nifty Future is expected to open at gap up
Likely to witness huge volatile will be expected during the day ahead of f&o expiry and budget countdown begins
Retail traders better to stay away. Brave heart traders can do with stop-loss
Today Nifty Future is facing a intraday resistance 10680-10715
If crossover 10715 and holds above the level, Will try to check 10755
There is no strength at higher levels!!. Stay caution at higher levels!!
Again same mantra……….. Sell on rise likes resistance zone!!
Today Nifty Future can be considered as support as 10625 and10585
Once if breaks 10585 with volumes. Further weakness will be expected up to 10520
Don’t short at lower levels!!
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Updated : 09.03 AM / 31st Jan 2019