Nifty Futures analysis for 09-05-2018

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Nifty Future Daily Chart

Nifty Future continues to trade just above its resistance of 10731 but does not have any momentum to rally upward decisively. At the same time, it is not breaking its supports at 10697,10640. It is not providing any trading opportunity yet. Wait for the clear trend to emerge before we take any trade in it.

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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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