Nifty Futures analysis for 26-04-2018

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Nifty Future Daily Chart

Nifty Future crossed its critical resistance of 10697 which will act as a support.It has the resistances at 10785 and 10843.Buy and sell will be the strategy until it closes below 10605 for positional trades.

The day traders can buy it above 10713 with a stop loss of 10684 for the target of 10784 and 10842.Sell it below 10684 with a stop loss of 10714 for the target of 10638 and 10606.

The positional traders can buy it above 10697 with a stop loss of 10634 for the initial target of 10785 and 10900.

Please do not trade for first 15 minutes of the session.

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Vinay Agrawal will not accept any liability for loss or damage as a result of reliance on the information contained within this tool including data, quotes, charts and buy/sell recommendation. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Future and options trading on margin involves high risk and is not suitable for all investors. Before deciding to trade in Equities, Commodities, Currency, Derivatives or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

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