Nifty Closing

Nifty is closing with some amount of Positiveness and showing a pause in the down-move.  Trend reversal will only be closing above today's high on Wednesday EOD basis.

Nifty Future update

5840 is stiff resistance for Nifty Future & if crossed Nifty may move very fast towards 5880-5900.
For now Support has come up to 5790 / 5807

Intra note

Nifty Achieved the H&S first target More or less.  Cautioned needed in both long or shorts. Day to day observation better.

Intraday Post

Nifty has started with an Oscillation exactly between the given Pre-Market view !

5790-5806          Strong above / weak below
5752-63             Key Support / Weakness will begin below

Pre-Market View

Nifty Near Month Future

Enter Long at  5790  Stop Loss 5768 Target 5822 / 5858 / 5881
Enter Short at 5822 Stop Loss 5844  Target 5806 / 5790        

5750 Nifty Spot will be the trend decider for the day
     
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Trend Day   - Down
Trend Week  - Up
Trend Month - Down
Some Pullback Expected
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5878/5904        Strong Resistance / Sell zone
5843-58            Reistance Zone

5790-5806          Strong above / weak below

5752-63             Key Support / Weakness will begin below

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Bank Nifty Near Month Future

9600 Bank Nifty Spot will be the trend decider for the day
_________________________________________
Trend Day   - Down
Trend Week  - Sidewise
Trend Month - Down
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10250                 Sell Zone
10000-10100     Strong Resistance
9860-9900         Resistance / Sell zone / Buy sustaining above

9710-9633         Strong above / weak below

9500-80  (key)    Good Support / Buy holding / Sell below