#Nifty Future Weekly Update & Movements after Karnataka Elections

Last close : 10820.10

 This week huge movements will be expecting based on Karnataka election results!!

 If BJP will form govt in Karnataka……… with majority

Nifty Future will flash & rally continued up to 10950 then will expecting huge profit booking and slide will be expected up to 10600-10450

Suppose if congress will form govt………….. Non stop panic & huge selling pressure expected up to 10500-10350.

If anyone not get majority……….Slide will be expected up to 10600-10500

Usually  more opportunities to get down, but It is important to fall from where ??

Let’s see……. This Week Nifty Future levels!!

NF currently moving in a bullish mode & finally crossed and closes above 10800

NF facing strong resistance at 10950……. If breaks and closes above

Further bulls action can be seen up to 11050.

Suppose NF if breaks 10680 and closes below the level… Bears will be dominate!!

Finding next supports 10450-10500………….

Do you know ?? Tuesday NF closing is very important for coming days!!

More live market update will be sent to our clients only

Updated : 06.43 PM / 12th May 2018