#NIFTY50 FUTURE

SAME LIKE BANKNIFTY NIFTY FUTURE HAD AN TRENDING IMBALANCE WEEK ON
NOVEMBER EXPIRY WEEK. THIS WEEK NIFTY FUTURE PLAYED BALANCE IN THE
LOWER LEVELS 17400-17000 FOR CHECKING FRESH DEMAND OR SUPPLY. NIFTY
FUTURE MONDAY TAKEN GOOD BUY FROM 16850-16978 RANGE , WHICH WAS
THE BUYER AREA OF LAST AUGUST .

GOING FORWARDS 16850 WILL BE THE STRONG NO TO WATCH. THIS WEEK SEEN SOME GOOD BUYING IN THE RANGE OF 17170-245 .
STAYING ABOVE 17170 NIFTY FUTURE CAN GO TO 17245/17295/17347/17410/
17452/17505/17566/17640/17717/17802.

STAYING BELOW 17170 NIFTY FUTURE CAN GO TO 17106/17042/16965/16930/
16889/16833/16690/16630/16568/16500. 16500-600 STRONG BUYER AREA ...

EXPECTING AN IMBALANCE WEEK GOING FORWARD. THIS VIEW BASED ON
WEEKLY MARKET PROFILE ANALYSIS.
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