The weekly chart of nifty future (rolling) indicates that a minor top is in place and the nifty futures should correct and the correction which has just begun 3 weeks back from the top of 10149.9 may last for next few weeks. The target of this Correction is around 9400-9450 region.
Now for trading point of view 9856 & 9822 are the supports for this week. Resistances are at 9940 & 10010 levels.
The 60 min intraday charts suggest that there is a resistance at 9904 & 9920 levels (downward sloping channel & keltner channel) for today. The support is at 9870 and 9856 level.
For detailed charts:
Nifty Futures weekly click here
Nifty Futures 60 mins click here
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