NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

INDEX SUMMARY

-SGX NIFTY IS SHOWING A 60 POINT UP TICK
-INDEX TRADING INSIDE A CHANNEL
-GAP INDICATES BREAK OF THAT CHANNEL
-WILL THE GAP SUSTAIN WE NEED TO WATCH CLOSELY
-WE HAD DISCUSSED THIS YESTERDAY ITSELF THAT ONCES 13000 IS TAKEN OUT WE WILL SEE HIGHER LEVELS
-AS A RESULT OF SHORT-COVERING
-IT IS MONHTLY EXPIRY WEEK SO I EXPECT VOLATILITY NOT VISIBLE TILL NOW
-CRUCIAL SUPPORT COMES IN @12965
-CRUCIAL RESISTANCE SHOULD KICK IN @13220
-MONTHLY EXPIRY WEEK SO I DONOT EXPECT ONE SIDE MOVE
-SO DONOT OVER TRADE


RESISTANCE FOR THE DAY (FUT)
13150-13183-13220
SUPPORT FOR THE DAY (FUT)
12925-12965-13000

SCREENSHOT


!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!