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 7666-7675 and Strong above it. 7620 and 7645-7656 Main Support and 7690-7700 and 7750 Main Resistances. 7714 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 7671.35 Target1 - 7688.10 Target2 7716.20 Target3 - 7723.40 Target4 - 7744.35 Target5 - 7760.90 Target6 - 7777.45 Target7 - 7804.45 Target8 - 7831.45 S/L 7667.35-(aggr) /7642.33-(Cons)
OR
Buy Closer to or C.O Above 7615.30 - 7622.50 Target1 - 7650.70 Target2 - 7667.35-7671.35 Target3 - 7688.10 Target4 7716.20 Target5 - 7723.40 Target6 - 7744.35 Target7 - 7760.90 Target8 - 7777.45 Target9 - 7804.45 Target10 - 7831.45 S/L 7615.30 or Day's Low
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Sell Below or Closer to 7667.35 Target1 - 7650.70 Target2 - 7622.50 Target3 - 7615.30 Target4 - 7594.35 Target5 - 7577.80 Target6 - 7561.25 Target7 - 7534.25 Target8 - 7507.25 S/L 7671.35-(aggr) /7696.37-(Cons)
OR
Sell Closer to or C.O Below 7723.40 Target1 - 7671.35-7667.35 Target2 - 7650.70 Target3 - 7622.50 Target4 - 7615.30 Target5 - 7594.35 Target6 - 7577.80 Target7 - 7561.25 Target8 - 7534.25 Target9 - 7507.25 S/L 7723.40 or Day's High
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Banknifty Future
Weak below 15409-15427 and Strong above it. 15214-15260 and 15385 main support and 15429-15493 and 15683-15722 Main Resistances. 15651 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 15419.80 Target1 - 15434.50 Target2 15462.65 Target3 - 15490.80 Target4 - 15588.20 Target5 - 15674.40 Target6 - 15760.60 Target7 - 15846.80 Target8 - 15933.00 S/L 15411.80-(aggr) /15329.60-(Cons)
OR
Buy Closer to or C.O Above 15243.40 - 15368.90 Target1 - 15397.10 Target2 - 15411.80-15419.80 Target3 - 15434.50 Target4 15462.65 Target5 - 15490.80 Target6 - 15588.20 Target7 - 15674.40 Target8 - 15760.60 Target9 - 15846.80 Target10 - 15933.00 S/L 15243.40 or Day's Low
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Sell Below or Closer to 15411.80 Target1 - 15397.10 Target2 - 15368.90 Target3 - 15340.80 Target4 - 15243.40 Target5 - 15157.20 Target6 - 15071.00 Target7 - 14984.80 Target8 - 14898.60 S/L 15419.80-(aggr) /15502.00-(Cons)
OR
Sell Closer to or C.O Below 15588.20 Target1 - 15419.80-15411.80 Target2 - 15397.10 Target3 - 15368.90 Target4 - 15340.80 Target5 - 15243.40 Target6 - 15157.20 Target7 - 15071.00 Target8 - 14984.80 Target9 - 14898.60 S/L 15588.20 or Day's High
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