Intraday Update

Good support near 5860-80 for Nifty Future

Intraday - Updated at 2.15 P.M

Spot 2-4 line broken and it should retrace up to 5854-55 or 5879 (done)  first, 0-b line for X-wave still holding.

Pre-Market View - May be high fluctuation week with negative bias

6030-35 will be key & trend deciding for Nifty Future


Target 3                 6115-25  (Sell Zone / buy above)
Target 2                 6055-65   (Sell Zone / buy Aggressively above)
Target 1                 6015-35 (more Strength above this)


Buy near                5980-90
Place Stop At        5965
Buy near                5945-55 With Stop Loss at 5935 2nd buying level

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Sell Near  6055-65  (Else go long aggressively above)
Target1    6015-35  (Sell here, if does not hold else buy here)
Target2    5980-90  (Sell here, if does not hold else buy here)
Target3    5945-5955 (Buying zone)


Close all longs if price starts trading below 5985 buy back if gets above it.


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Bank Nifty Future

Target 4                 11175-12225  (Sell Zone / buy above)
Target 3                 11000 (Sell Zone / buy above)
Target 2                 10875-925 ( Sell Zone / buy above)
Target 1                 10720-60  (more Strength above this)
Buy at                    10550-10650
Buy more               10450-10500 (if at all goes here)

Short if price starts trading below 10450  buy back if gets above it.
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Sell Near  10850-950 (Buy above)
Target1    10740-80 (Sell here, if does not hold or buy here if holds)
Target2    10600  (Sell here, if does not hold or buy here if holds)

Close all longs if starts trading below 10400
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