nifty fture 19500 psychological level, what to check ahead?

NIFTY1! as mentioned in previous post, nifty future is pushung for 19500 level with a retest on 19385 zone, in process we can see a wedge pattern has formed at important area of interest, keep checking the wedge movement with respect to the zones marked.
if we see a selling/profit booking at 19500 level, market may inch towards 19200 zone.
upside target can be upto 19680 zone if sustains above 19550.

Comentário:

short nifty below 19350 for 19200 zone , closin below 19350 will confirm breakdown of the wedge pattern

Trade ativo:

future breaks the wedge as indian indices gives closing at the previous week high mark , which can be the triggrt for fall as it was the point for the previous fall and can act as a sell zone to push market below if future breaks below 19350 level.

if nifty fututre manages to re-enter the wedge and in process of doing so, it breaks above 19535 mark, then we might se 19660/700 level on next session.

Comentário:

nifty future hits 19850 mark after breaking above 19535 and crossing 19700 zone as well, sexy sexy sexy