Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7640 and Strong above 7656. 7602-7621 Main Support and 7657 and 7712-7721 Main Resistances. 7618 is Day Shocker. Day SAR is at 7631. 7567 (Sustaining Below) is Final S/L for Longs.
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Buy Above or Closer to 7660.75 Target1 - 7677.50 Target2 7705.60 Target3 - 7712.90 Target4 - 7733.75 Target5 - 7750.35 Target6 - 7766.95 Target7 - 7794.00 Target8 - 7821.05 S/L 7656.75-(aggr) /7631.70-(Cons)
OR
Buy Closer to or C.O Above 7604.65 - 7611.90 Target1 - 7656.75-7660.75 Target2 - 7677.50 Target3 7705.60 Target4 - 7712.90 Target5 - 7733.75 Target6 - 7750.35 Target7 - 7766.95 Target8 - 7794.00 Target9 - 7821.05 S/L 7604.65 or Day's Low
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Sell Below or Closer to 7656.75 Target1 - 7640.10 Target2 - 7611.90 Target3 - 7604.65 Target4 - 7583.75 Target5 - 7567.15 Target6 - 7550.55 Target7 - 7523.50 Target8 - 7496.45 S/L 7660.75-(aggr) /7685.80-(Cons)
OR
Sell Closer to or C.O Below 7712.85 Target1 - 7660.75-7656.75 Target2 - 7640.10 Target3 - 7611.90 Target4 - 7604.65 Target5 - 7583.75 Target6 - 7567.15 Target7 - 7550.55 Target8 - 7523.50 Target9 - 7496.45 S/L 7712.85 or Day's High
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Banknifty Future
Weak below 15257 and Strong above 15290. 15081-15128 and 15174-15220 Main Support and 15282-15288 and 15432-15458 Main Resistances. 15262 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
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Buy Above or Closer to 15298.95 Target1 - 15313.70 Target2 15341.80 Target3 - 15370.00 Target4 - 15464.55 Target5 - 15549.35 Target6 - 15634.15 Target7 - 15718.95 Target8 - 15803.70 S/L 15290.95-(aggr) /15210.15-(Cons)
OR
Buy Closer to or C.O Above 15125.35 - 15248.10 Target1 - 15290.95-15298.95 Target2 - 15313.70 Target3 15341.80 Target4 - 15370.00 Target5 - 15464.55 Target6 - 15549.35 Target7 - 15634.15 Target8 - 15718.95 Target9 - 15803.70 S/L 15125.35 or Day's Low
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Sell Below or Closer to 15290.95 Target1 - 15276.30 Target2 - 15248.10 Target3 - 15219.95 Target4 - 15125.35 Target5 - 15040.55 Target6 - 14955.75 Target7 - 14870.95 Target8 - 14786.20 S/L 15298.95-(aggr) /15379.75-(Cons)
OR
Sell Closer to or C.O Below 15464.55 Target1 - 15298.95-15290.95 Target2 - 15276.30 Target3 - 15248.10 Target4 - 15219.95 Target5 - 15125.35 Target6 - 15040.55 Target7 - 14955.75 Target8 - 14870.95 Target9 - 14786.20 S/L 15464.55 or Day's High
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