Nifty future weekly-correcting but remain buy on dips tgts 9300-9430
Nifty future this week closed with loss at 9179. This was second correcting week for nifty future. Nifty future daily chart price trend and momentum is still bullish. On chart, 9090 is major support and above it nifty future positional outlook remain bullish and strategy remain buy on dips. read more about our : For next week, nifty future has strong support zones around 9160 a then 9090. On upside 9310 will be first major resistance as well as target zone on reversal rally. Daily closing below 9090 means fresh breakdown and positional sell signal for market for target zones 8970 and below. check out ! From 2017 yearly view, nifty future achieved 9240 target and now will head for next investment target 10400. On downside 9125 and 9035 are previous lows support zones.
Banknifty future weekly-banknifty hit high 21800+ heading for swing tgts 21960-22400
Banknifty future this week closed with gain at 21750. We saw high near 21800+ and banknifty outperforming major market and heading towards my given swing tgt 21960 and then 22400. learn more about Want on whatsapp with live market support and follow ups then today.Banknifty future on downside has small technical closing basis support zones at 21650-21550 and 21320 while on upside 21960 will be first target zone. In next week expect this outperformance to remain continue with fresh buying as well as short covering. From 2017 yearly investment view, banknifty future achieved its 2017 investment target of 21250 and now with fresh breakout heading for 24550. Above 21250 on weekly closing basis investors keep buy and accumulate view for tgt 24550. learn how to detect trend with the help of technical analysis ?