Nifty Future Overview

In This Week We Had Seen The Upside Consolidation in Nifty Future. If We See Technically Nifty Future it has Major Resistance At 5305 Level. If Nifty Break This Level With Good Volume & Close Above it, we Could Expect The Target Of 5450 in it.
In Past we had Also Seen Profit Booking At Higher Levels. So in This Also we Could Expect Some Profit Booking at the Level of 5300 But After the Slight Correction
We Could Expect The Bounce Back in it.In This Week as Trading Started at 9 Am, So We Had Seen the Decline in Volatility & in Liquidity as Well. So This Trend Might be Continuing in This Week as Well.

Strategy for Traders:Nifty Is Looking To Hold Its

Uptrend & Technically We Are Expecting That Once It Could Hit The Level of 5300 Again. So Traders Could Go For Buy Nifty at Every Decline & They Should Also Book
The Profit Near To Major Resistance Levels.

Major Support: 5200 & 5165.
Major Resistance: 5305 & 5350.

Stock Futures to Watch for This Week.

Bull Side:

Grasim Future:

This Stock In Future Had Made
Good Breakout of the Downward
Trend Line in Weekly Chart With
Good Volume.
In This Week We Are Expecting That
Bull Run Could Be Continue In It &
We Could Expect the Target Of
2840 In It and If Close Above This
The Next Target Could Be Around 2900.
It Has The Major Support Around 2665 Level.

Bear Side:

TCS Future:

In This Stock We Had Seen Huge Selling In It And Also Looking Now In Bear Trend.
In Candlestick Charts It Is Making Very Bearish Pattern, So We Are Expecting That This Trend Could Be Continue For This Week As Well.
In TCS Future We Could Expect The Target Of 675 And After It Next Target Could Be 660.


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