Nifty Futures Live Update 1.20AM 17th April 2016
Nifty Futures continued fall today however speed was lesser than yesterday and still we don’t have confirmation of 7961. So we will know in the next two trading sessions where Nifty Futures is headed 7961 or 9450.
Nifty Spot has minor resistance at 8736 Nifty Spot Level if Nifty spot comes near that area we will consider what to do, if we see weakness we might choose to sell near 8736.
Crude has given a breakout over 56.50 if Crude remains stable above 56.50 or closes for 3 trading days above 56.50 the Crude Target is 72.
Sugar Sector looks good, keep Buying Bajaj, Renuka, Eid Parry on all dips.
SGX Nifty Futures Chart is enclosed below.
Good Trading To You!