Dear Traders,
Resistance Range: Nifty Future faces resistance in the range of 25474 to 25505. If it crosses above this zone, the next resistance range are expected at 25570 to 25606 with a highly volatile trend likely to follow.
Support Range: On the downside, support is observed at 25373 to 25303. If Nifty future falls below the 25303 Point, the next support range are anticipated at 25272 to 25202.
Outlook: I remain positive for a bullish trend if Nifty future moves above the 25606 Point. However, it is important to stay in line with the trend and trade accordingly.
If Nifty Futures move above 25606 points, it is likely to reach 25636 points.
Stay cautious and monitor key Range closely.
Nikhil Bhatt
Business Editor
Investment Point







