Moneycontrol
Feb 17, 2017 08:53 AM IST | Source: Moneycontrol.com

Nifty Future to open at 8827: Dynamic Levels

According to a report by Dynamic Levels, Nifty Future is opening at 8827.75 as per SGX Nifty at 8:30 am IST, 42 point above its previous close of 8785.

Dynamic Levels' technical report:

The Indian Benchmark Index Nifty yesterday closed at 8778 after making low of 8720. Nifty was up by 0.61%, the index opened at 8739 and made high of 8784. The index has taken support of its previous day low of 8713.Nifty is trading in a narrow range of 119 points from 8827 to 8708 in last 10 trading sessions.

SmallCap Index was up by 1.54%, the index closed at 6514 after making low of 6415. The Index opened at 6437 and made a high of 6520. The cash market has showed buying of 100 points after four days of continuous selling of 300 points from 6707 made on 9th Feb to 6399 low on 15th Feb.

Bank Nifty is trading in a range of 460 points and closed at 20244 yesterday. The index has taken support 20164 and made a low of 20088.

Nifty Future is opening at 8827.75 as per SGX Nifty at 8:30 am IST, 42 point above its previous close of 8785.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sections
Follow us on
Available On