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S&P CNX NIFTY INDEX FUTURES

Flying Index, Strolling Future!

Oleh OldMonk13
Nifty FUT does not seem keen to move up and that is a little worrisome. We are at striking distance to ATH but the timing is not to brilliant. Election results are still a couple of weeks away. We could move up a little and then retrace to consolidate near the 50% mark. This looks like a logical scenario. But informed institutions could take big positions and that could go against any narrative. Will trade only after watching for a while.
Chart PatternsTechnical IndicatorsniftyintradaytradesetupniftylevelsniftyoutlookniftypredictionniftytradesetupniftytrendTrend Analysis
OldMonk13

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