Nifty Futures analysis for 14-06-2018

Posted by
NF DAILY 140618 R
Nifty Future Daily Chart

The Nifty Future retraced just above 81.0% of its fall from the top of 10947.9 to the low of 10408.55 to reach a high of 10873.5 in 3-wave formation. It is now expected to move down with 10852 acting as a crucial trend deciding level for today.

The Day traders can sell it below 10849 with a stop loss of 10873 for the target of 10776 and 10741 and buy it above 10873 with a stop loss of 10849 for the target of 10894 and 10948.

The positional traders holding a long position should move the stop loss to 10810.

Email comments or questions to

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.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s