NiftyFuture again hammered from near by 200DMA (But Nifty spot crossed just 5 points 200DMA but not sustained)
NF marked a high of 10879 then dropped up to 10784. Now trading at 10795
Morning I recommended buying alert 10830 and booked profit 10875, Again recommended buying alert 10820 and revised stop triggered 10800
Seems very tough fight for bears and bulls
Now, NiftyFuture considering support 10775, 10760 and 10735
Don’t short at lower levels!!
NF facing a resistance 10825, 10840 and 10880. Stay caution at higher levels until 10900.
Updated : 01.25 pm / 13th July 2020