Nifty Futures Quick Flip
Nifty Futures quick flip is in buy mode since 31st Oct and more amount of time is spent in that signal. Current immediate resistance comes around 10615 levels with a possible short-term move towards 10480 levels. For any positive momentum to occur price need to scale back above 10615 levels. Daily Trading sentiment holds positive.
Sector Sentiment
Last time we seen a mass sentimental change in sectoral indices. Same sentiment holds for a week indicating a possible medium-term bullishness but in a short-term markets may remain volatile. Except NiftyIT sector rest all the sector holding positive.
Related Readings and Observations
Nifty Futures – Upside Odds Remains Capped Nifty Futures opened gap down on Thursday trading session. The trading activity went on more emotional. During the second half of the session more weaker hand sellers participating in the trade.- Bank Nifty Futures – Apr 219 – Short Term Outlook Bank Nifty futures on 5min timeframe turned to short mode on quick flip system with immediate supports coming around 30,003 levels. Price maintaining below 30,003 could bring possible […]
- Nifty Futures to continue short term uptrend Nifty is had a crazy volatile day. Huge downswing followed by a steep recovery during mid of the day. And on the 15min timeframe quick flip trading strategy got into long mode in the last […]
- Nifty January Trading sentiment Goes Extreme Positive Nifty futures is currently trading in a sideways band for the last three trading days. Liquidity is almost dried up in the last three trading session. However last hour of trading shows […]
- Extreme Positive Sentiment in Nifty Futures Nifty Futures is tested an intraday high of 10924. Trading sentiment was getting into extreme which possibly indicates overbought levels.
- Nifty Futures Quick Flip December Overview Nifty futures holding its buy mode for the last 4 trading session with quick flip support coming around 10803-10814 band. The trading focus is positioned on the bullish side with possible […]
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