Last week nifty future traded in 100-150 trading range and it ended on lower note , this week we have nifty expiry and moves will be expiry related only so need to extra cautious today , some clarifications on MAT came after friday market closing and one need to see what exactly market understood from those stuff , today if market click our resistance of 8580 and sustain above our nifty resistance today then expect nifty future to fire upto 8630 – 86670 today
If nifty future click our technical support at 8470 and sustain below our nifty support today then expect nifty 8440 – 8400 and even more
Nifty intraday levels conclusion : Nifty trend is looking weak but reliance results came after friday market close and it came with good positive numbers so market may change the trend is other factors supports it
More will update to our subscribers