29th Jan Nifty Future Update

tuesday 12

 

 

 

NIFTY  FUTURE closed 6077

Yesterday Nifty Future trades very Range bound

Ahead of RBI Policy, Yesterday Marked high was 6091.30

We have updated Resistance 6090, Then closed 6077

 

 

 

Better to Trade after RBI Policy

If Unchange will see FREE FALL

If 25 bps cut will see Flat or mild Fall

If 50 bps cut will Sharp Rally

Today’s Nifty Future Resistance 6090 if trade above the level next hurdle 6120 level

After Policy if trade above 6120 will see Sharp rally upto 6170…….

Today’s Support 6040 & 6010…………….. Thereafter FREE FALL

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Updated : 09.03am / 29th Jan