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 7760-7764 and Strong above it. Main Support 7727 and 7757 - 7772 and Main Resistances 7789-7805 and 7810-7823. 7790 is Day Shocker. Day SAR is at 7631. 7733 (Sustaining Below) is First S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7769.95 Target1 - 7786.70 Target2 7814.80 Target3 - 7821.90 Target4 - 7842.95 Target5 - 7859.40 Target6 - 7875.85 Target7 - 7902.80 Target8 - 7929.76 S/L 7765.95-(aggr) /7741.00-(Cons)
OR
Buy Closer to or C.O Above 7714.00 - 7721.10 Target1 - 7749.30 Target2 - 7765.95-7769.95 Target3 - 7786.70 Target4 7814.80 Target5 - 7821.90 Target6 - 7842.95 Target7 - 7859.40 Target8 - 7875.85 Target9 - 7902.80 Target10 - 7929.76 S/L 7714.00 or Day's Low
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7765.95 Target1 - 7749.30 Target2 - 7721.10 Target3 - 7714.00 Target4 - 7692.95 Target5 - 7676.50 Target6 - 7660.10 Target7 - 7633.10 Target8 - 7606.15 S/L 7769.95-(aggr) /7794.90-(Cons)
OR
Sell Closer to or C.O Below 7821.90 Target1 - 7769.95-7765.95 Target2 - 7749.30 Target3 - 7721.10 Target4 - 7714.00 Target5 - 7692.95 Target6 - 7676.50 Target7 - 7660.10 Target8 - 7633.10 Target9 - 7606.15 S/L 7821.90 or Day's High
---------------------------------------------------------------------------------------------------------------
Banknifty Future
Weak below 15435-15442 and Strong above it. Main Support 15315-15350 and 15406-15432 and Main Resistances 15494-15549 and 15634-15674. 15674 is Day Shocker. Day SAR is at 15065. 15385 (Sustaining Below) is First S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15453.95 Target1 - 15468.70 Target2 15496.80 Target3 - 15525.00 Target4 - 15624.40 Target5 - 15711.65 Target6 - 15798.90 Target7 - 15886.15 Target8 - 15973.37 S/L 15445.95-(aggr) /15362.70-(Cons)
OR
Buy Closer to or C.O Above 15275.50 - 15403.10 Target1 - 15431.30 Target2 - 15445.95-15453.95 Target3 - 15468.70 Target4 15496.80 Target5 - 15525.00 Target6 - 15624.40 Target7 - 15711.65 Target8 - 15798.90 Target9 - 15886.15 Target10 - 15973.37 S/L 15275.50 or Day's Low
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15445.95 Target1 - 15431.30 Target2 - 15403.10 Target3 - 15374.95 Target4 - 15275.50 Target5 - 15188.25 Target6 - 15101.00 Target7 - 15013.77 Target8 - 14926.53 S/L 15453.95-(aggr) /15537.20-(Cons)
OR
Sell Closer to or C.O Below 15624.40 Target1 - 15453.95-15445.95 Target2 - 15431.30 Target3 - 15403.10 Target4 - 15374.95 Target5 - 15275.50 Target6 - 15188.25 Target7 - 15101.00 Target8 - 15013.77 Target9 - 14926.53 S/L 15624.40 or Day's High
---------------------------------------------------------------------------------------------------------------
No comments:
Post a Comment