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NIFTY FUTURES finding strong trend line support at current levels - Chart updated on 27th April 2015, Monday.


NIFTY FUTURES


Nifty Futures finding strong trend line support at current levels, technical indicates as long as it holds above bulls have some scope for bounce back. But once it closes and holds below its trend line support then further price fall can be seen in coming days.

Indian Stock Markets is expected to see huge volatility in coming days as F&O expire in coming Thursday as well as blue chip company like Maruti, ICICI Bank, Sesa sterlite, Idea cellular, AXIS Bank, HDFC and some more will announce its Q3 results and after that on 01st May 2015 Friday is holiday as its Maharastra day.

Overall market trend is seems on down side, domestic investors will be focusing on FII`s and concern over tax issue. Their will be a huge tug of war between bulls and bears in coming days. Markets is also looking for some other political news like land bill and GST in coming days.
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