Nifty Futures on the Daily Chart trading in a 1000 points range between 14400 – 15400 approximately for more than 2 months. It is broadly a sideways market with high volatile intraday fluctuation.
However current sentiment could turn positive if Nifty Futures is able to sustain above 14825 levels which could bring a potential look above and fail bullish trade setup focusing towards the other side of the balance as the target i.e 15400 in the next 2-3 trading weeks.
What do you think? One more All-Time High coming in Nifty Futures this series?
Related Readings : Nifty Hedged Futures – Apr 2021 – Short Term Overview