Nifty Futures analysis for 20-09-2017

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nifty future -60min-190917
Nifty Futures 60 min chart

 

Nifty future moved in a very narrow range yesterday. It did not provide any trading opportunity to the day traders but enough to FII`S who sold more than Rs 1000 crores of it without causing any significant damage to the price.

I maintain the same recommendation which I have given yesterday for the day trading as well as positional.

For detailed chart click here

For further trades or queries,
write back @ vinayagrawal1411@gmail.com

The author(s), or a member of their household, of this report, does not hold a financial interest in the securities of this company. The author(s) has followed “blackout periods” that prohibit analysts from trading securities of the companies they follow for 30 days before and 5 days after they issue a research report about the company, and prohibits analysts from trading against their most recent recommendations—subject to exceptions for unanticipated significant changes in the personal financial circumstances of the beneficial owner of a research analyst account. The author(s), or a member of their household, does not serve as an officer, director or advisory board member of the subject company. The author(s) does not act as a market maker/promoter/beneficiary in the subject company’s securities. The information set forth herein has been obtained or derived from sources generally available to the public and believed by the author(s) to be reliable, but the author(s) does not make any representation or warranty, express or implied, as to its accuracy or completeness.

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