Sunday, May 20, 2018

Nifty Next: Nifty Future Trading Range on Monday 21 May 2018


Nifty Future has ended at  # 10608  with a fall of -0.8 %  on Friday 18.05.2018 with formation of a Red Candle on Daily price chart. With the latest Political Happenings in the Indian space ( Karnataka State Politics and fall of BJP led Govt. ) , we expect that Indian Market will react with negative tone on Monday on 21.05.2018.
At the time of writing this article, SGX Nifty has closed at 10562 with a fall of -130 points and -1.22%.
As per our view, we are expecting that Nifty-F will  open with a Huge Gap & will trade with huge volatility and  will settle  at # 10250, fall of -350 points from its previous closing. We are still intact with our Nifty( F)  Target of 9180 levels .
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