On 24 December, Nifty fut will face
resistane at 5190 level. As we have mentioned the importance of this level in earlier week also, and you all must have watched the massive crash from 5188 level to 4937 level in few days, this time again the level of 5190 will act as crucial level. In order to continue uptrend, Nifty fut have to cross n sustain
above the level of 5190 in, if this happens then we can see markets heading towards 5226-5265+ levels. Bulls have to make sure to maintain & start the uptrend soon, in order to retain strength. However, if beas are able to stop the bulls from marching ahead and cross 5190, then on lower side bulls have
support at 5135 level, once this level is breached we can see markets sliding down to a major support level of 5102-5070. Any close below 5070 will make bears coming back into the action agan.
Nifty Levels
Resistance - 5190-5208-5226-5265
Support - 5135-5102-5070-5044
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