Nifty Future:

The high Volatility of this month will comes to end today and albeit it was a terrific month of huge movement in Nifty by 900 points  and the irony is, it was a difficult month for traders to have made money.  Market was bogged with both External / Internal events that made  to have Gap openings on most of the days and every logical trade entry  was thwarted due to huge Gyration.

Lets hope that in coming months, market doesn’t move in Random.

As regards today, Nifty Future should face resistance around 9030 and close above this in 30 Minutes interval, will open further targets closer to 9100 and on downside support exist around 8935.

In stock future, Reliance Capital and Rel Infra could continue to face pressure and BPCL and Tata Motors could continue to advance further.

Good Luck !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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