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Ashish Ghosh is a NCFM certified research analyst for the global and Indian financial markets. With more than 15 years of experience in the capital market, Ashish has been published in high-profile online media regularly. He holds a B.Sc. in Math along with NCFM certification for Technical and Fundamental analysis. Presently, he is working with iForex as a financial analyst/content writer since 2017, analyzing mainly the global and Indian markets. You can reach him through Gmail/telegram ID: asisjpg

Friday, 28 November 2014

Technical Outlook Of Nifty Fut(NSE-DEC):1-5 days







Nifty Fut(NF) need to sustain above 8590 zone for 8750 within next few days. Immediate positional support is now 8496 & 8416 zone.

Lower Crude Price, possible rate cut by RBI & various reform hopes in the ongoing winter parliament session along with proposed "2-nd generation reform" pledged by our FM in the forthcoming budget are helping a lot for our market.

Trading Levels: Nifty Fut (NSE-DEC)
Gap Up/Dw (Indicative)


SGX NIFTY 8589 42



        NF-DEC LTP 8547
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 8590   8615-8630 8650-8675* 8705-8730 <8570
             
Weak < 8570   8550-8525 8496-8479* 8444-8416 >8590







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 8590   8630 8675* 8730-8750 <8570
             
Weak < 8570   8525 8479* 8416-8400 >8590
             
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