NIFTY FUTURES

NIFTY FUTURE

Last close 11338.50

With the central banks meeting lined up this week including the RBI the Nifty is likely to consolidate. I am upbeat on the market as further upside is in store. Smaller intraday dips or consolidations could be used as a buying opportunity in the short term.
Buying is expected to continue during the day, which may take the Nifty futures towards 11382 during intraday, Cross over will take this to 11430 mark. Protect long keeping stop loss of 11260…!!!