Nifty future analysis for 24th August 2017

  • Nifty future has a support at 9853, 9847 & 9835 levels. Selling Nifty Futures should only be considered below 9830 with a stop loss of 9861 for a target of 9752-9720.
  • Buying for this week was only above 9884. Since the trend appears to be corrective up, I will not like to take a long position. However, if one wants to go long, place a stop loss at 9834 for a target of 9920-9943.

For Detailed Nifty Fuures chart click here

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