MARKETS FOR 3RD DECEMBER

FOR MONDAY’S INTRADAY TRADING PURPOSE, HAVE STOP  LOSS BELOW THE CRITICAL FUTURE ZONE OF 5898 TO 5888 AND BOLDLY GO LONG ON EVERY INTRADAY DECLINE TO ONLY QUIT IF THIS CRITICAL FUTURE ZONE OF 5898 TO 5888 IS BREACHED TO GO SHORT BELOW IT. SUSTAINING BELOW 5888 MAY SEE NIFTY FUTURES SLIDING TOWARDS 5872 LEVELS BELOW WHICH FRIDAYS GAP LOW OF 5868 OR 5858 SHOULD SEE THE HEFTY BULLS COMING BACK IN FULL VIGOR TO LIFT NIFTY FUTURE TOWARDS NEW YEARLY HIGHS. SIMILARLY ON THE HIGHER SIDE, NIFTY FUTURE WHICH HAS CLOSED AROUND 5906 ON FRIDAY MAY FIND INITIAL RESISTANCE AROUND 5929 FOLLOWED BY 5940 TO 5945 LEVELS ABOVE WHICH ONE MAY EXPECT NIFTY FUTURES TO RISE TOWARDS 5959 OR EVEN HIGHER LEVELS.

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