NIFTY FUTURE OUTLOOK 21STJULY 2014 Plot No.12, Scheme No. 78, Part-II, Vijaynagar, INDORE – 452010 M. P. Office: +91 731 6662299 Mob:- +91 92000 – 99927 Website ;- www.ca pitalstar s.com
Technical View: Nifty futures ended in green for a fourth consecutive session offsetting global concerns about the downing of a Malaysian airliner in Ukraine. Sentiment got a boost after finance minister Arun jaitely said the government was aiming to resolve the issues hampering GST rollout within this year.. Nifty futures closed at 7669 with a high of 7692. Nifty for next trading session would have the resistance of 7695 if it breaks this level than having the next resistance of 7755 and in down side having the support of 7635 if it breaks this level than having the next support of 7585.
Pivot level: S3
S2
S1
PIVOT
R1
R2
R3
7441
7545
7607
7649
7711
7753
7858
Trading Strategy:- Buy On Dips