NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

-SGX NIFTY IS INDICATING A FLAT START TODAY
-INDEX YESTERDAY BROKE THE SUPPORT AND TRADED BELOW
-WHAT REMAINS TO SEE IS WHETHER THERE IS TRACTION ON THE DOWNSIDE OR INDEX TRAVELS BACK INSIDE THE RANGE
-I HAD MENTIONED THE ABOVE POINT YESTERDAY AND WE DID SEE BUYING AROUND 11270 LEVELS
-MARKET BOUNCED BACK TO CLOSE TOWARDS HIGHEST POINT OF THE DAY
-INTERESTING THING IS NIFTY IS STARTING TO TRADE BELOW ITS 20-EMA IF THIS SUSTAINS WE WILL BE IN TROUBLE
-NOW ITS BEEN TWO DAYS INDEX IS TRADING BELOW ITS 20-EMA
-I EXPECT TO SEE SOME FIGHT FROM THE BULLS
-WHERE ARE AND WHAT ARE THE LEVELS ONE CAN EXPECT BUYING IN THE INDEX
-11275-11230-11150-11120-11060
-NIFTY IS NOW TRADING INSIDE THE RANGE OF FRIDAY BAR
-FURTHER DOWNSIDE IF MARKET BREAKS 11266
-ON THE UPSIDE 11400 IS ACTING AS A CRUCIAL RESISTENCE
-NIFTY BARELY MANAGED TO CLOSE ABOVE 11350
-WHAT REMAINS TO BE SEEN IS WHETHER WE COVER BACK FROM KEY LEVELS
-LEVELS ARE GOING TO BE WIDE TODAY
-CRUCIAL SUPPORT PLACED @11230
-CRUCIAL RESISTANCE PLACED @11615

RESISTANCE FOR THE DAY (FUT)
11440-11525-11615-11680-11715
SUPPORT FOR THE DAY (FUT)
11120-11150-11230-11280-11350

SCREENSHOT