Important: Nifty Future’s Crucial Support Level for this settlement around 8525 and should not close below 8480.. If takes support here, it could pullback to 8650 – 8750.. Therefore, careful in shorts.

Nifty Future:

Resistance around 8675 and crossover of 8585, could move to 8620 – 8670

Support around 8520 and breaking 8495, could fall to 8460 – 8410

Note:

For NF breakout above 8585, stop should be 8559

For NF Breakdown below 8495, Stop should be 8521

Stock Future:

Buy ACC above 1589 with Stop at 1576. TGT 1611 – 1636

Buy HDFC above 1357 with Stop at 1344. TGT 1377 – 1400

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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