Nifty Future:

In Daily Chart, Nifty Future is trading below 34 EMA for last couple of sessions and that could exert pressure on market.  The high made of 9th September, 2014 at 8200 should act as  strong Support for this correction.

For today’s trading, supply could keep coming below 8330 and on pullback around 8360.. There could be Demand for short covering above 8380.

Stock Future:

Bank Baroda’s  Support around 1070 and break below yesterday’s low of 1053 could face selling pressure.

Rel Infra could face supply till it crosses yesterday’s high of 567

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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