In technical analysis traders are very keen to find out support and resistance level for nifty future for next week trading, I am sharing some levels that will help you to take nifty future trades next week.
Nifty Future support resistance:
Support: 5400 / 5320
Resistance: 5600 / 5650
These levels are plotted using Fibonacci retracement tool. Major news that you should watch next week, news can set direction in markets. Next week we have following news events:
IIP Data Release
Inflation Data
Fuel Price Review
These events will be keenly watched by the expert traders and then fresh positions in F&O segment will be built.
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