NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

INDEX SUMMARY

-SGX NIFTY IS SHOWING A 30 POINT POSITIVE START
-INDEX HAS ALMOST ACHIEVED MY INITIAL TARGET OF 13340-13400
-I AM ISSUE CAUTION OVER HERE
-ALL PRACTICAL TARGETS ARE REACHED
-ALL WE CAN DO IS WAIT FOR A CONFIRMATION OF CONSOLIDATION OR BREACH OF SWING LOW PATTERN
-CRUCIAL SUPPORT RISING FROM LOWER LEVEL IS PLACED AT @13290(13290-13260 DEMAND ZONE)
-CRUCIAL RESISTANCE LETS PLACE IT @13500
-WAIT AND WATCH APPROACH AVOID FRESH LONGS
-IF MARKET BREAKS A SWING LOW OF 13175 WE WILL SEE FURTHER CORRECTION
-UNTIL THEN ALL DIPS ARE WORTH BUYING
-THIS DIPS ARE SEEN REGULARLY SO NO NEED TO BUY AT HIGHEST LEVELS


RESISTANCE FOR THE DAY (FUT)
13400-13450-13500
SUPPORT FOR THE DAY (FUT)
13290-13260-13210

SCREENSHOT


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