Nifty (Spot) Last Close : 11661.85
This week 4 trading sessions are left and 7 trading sessions are there for this Oct expiry. (Muhurat trading on Sunday 6.15-7.15 PM)
Tomorrow is very interesting session……. Many events are facing tomorrow’s market……. Reliance beat expectation, HDFCbank inline result, and Exit poll news will be out today evening. Dalal street waiting for Axisbank, Kotakbank and Ultracemco results!!
Nifty spot ended smart gains and index has closed higher for the sixth consecutive sessions.
On the daily chart of Nifty spot moved in recent swing high 11695 (Friday’s high 11684.70).
On coming days Nifty decisive breaks and holds above 11695 which indicates further up trend and will facing a next resistance 11770, 11880 and 12000.
On the other hand, Nifty considering supports 11550, 11430 and 11290. Nifty will be protect that levels…….. Strong support zone around 11290.
Buy at declines and keep a stop of every supports……… If not close below 11290.
Happy Trading!!
Updated : 11.09 AM / 21st Oct 2019
