Nifty Futures analysis for 18-12-2017

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nifty future60-min chart 151217
Nifty Future 60-min Chart

Nifty future has supports at 10327 and 10281 and resistance at 10372.

The day traders can buy above 10372 with a stop loss of 10358 for the target of 10427 and 10459.Sell it below 10359 with a stop loss of 10376 for the target of 10328 and 10281.

The positional traders can maintain a long position above 10328 with a stop loss of 10259 for the target of 10710.

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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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