Nifty future weekly-correcting towards 9090 support
Nifty future this week closed with loss at 9217. Nifty future daily chart price trend and momentum is still bullish. Nifty future almost achieved my given tgt of 9300 with high of 9294 in this week. Above 9300 next nifty future April swing target will be 9430+. read more about :? On downside nifty future has major support zones at 9195 and then 9130 and at last 9090 is major trend support zone. Closing below 9090 means fresh downtrend start and swing sell signal for market. On upside 9310 and then 9430 are reversal rally target zones. I suggest to keep buy on dips strategy for nifty future and nifty in the money options with strict stop loss and expect for big profit on reversal rally. From 2017 yearly view, nifty future achieved 9240 target and now will head for next investment target 10400.
Banknifty future weekly-21300 last trend support upside tgts 21900-22400
Banknifty future this week closed with loss. We saw high near 21729 and banknifty tried to test 21900 which was my April 2017 banknifty future swing target. Now correcting towards support zones of 21400 to 21300. Below 21300 banknifty will enter downtrend with positional sell signal for targets 20800 to 20050. Reversal above 21300 means sure shot targets of 21900 and then 22400 till end of April 2017. so expect jackpot return in Want professional with live market support and follow ups then today.on reversal rally. read more about : ? Banknifty and nifty future each time giving small correction and then large upside so expecting same this time also. From 2017 yearly investment view, banknifty future achieved its 2017 investment target of 21250 and now with fresh breakout heading for 24550.