Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
7690-7721 is enormous resistance for Nifty Spot and if cleared well will become big support for the Month.
Nifty Future
Weak below 7726 and Strong above 7756. 7726-7732 Main Supports and 7764 and 7781-7794 Main Resistances. 7735 is Key. Day SAR is at 7612.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7751.85 Target1 - 7768.60 Target2 7795.65 Target3 - 7796.70 Target4 - 7824.85 Target5 - 7833.15 Target6 - 7841.50 Target7 - 7864.40 Target8 - 7887.30 S/L 7747.85-(aggr) /7726.95-(Cons)
OR
Buy Closer to or C.O Above 7704.05 Target1 - 7747.85-7751.85 Target2 - 7768.60 Target3 7795.65 Target4 - 7796.70 Target5 - 7824.85 Target6 - 7833.15 Target7 - 7841.50 Target8 - 7864.40 Target9 - 7887.30 S/L 7704.05 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 7747.85 Target1 - 7731.20 Target2 - 7704.00 Target3 - 7703.00 Target4 - 7674.85 Target5 - 7666.55 Target6 - 7658.20 Target7 - 7635.30 Target8 - 7612.40 S/L 7751.85-(aggr) /7772.75-(Cons)
OR
Sell Closer to or C.O Below 7795.65 Target1 - 7751.85-7747.85 Target2 - 7731.20 Target3 - 7704.00 Target4 - 7703.00 Target5 - 7674.85 Target6 - 7666.55 Target7 - 7658.20 Target8 - 7635.30 Target9 - 7612.40 S/L 7795.65 or Day's High
-------------------------------------------------------------------------------------------------------------------------
Banknifty Future
Weak below 15550 and Strong above 15610. 15562-15570 Main Supports and 15610-15622 and 15686 /15712-15739 Main Resistances. 15558 is Key. Day SAR is at 15277.
-------------------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15602.40 Target1 - 15617.00 Target2 15645.20 Target3 - 15673.30 Target4 - 15743.25 Target5 - 15815.70 Target6 - 15888.20 Target7 - 15960.65 Target8 - 16033.10 S/L 15594.30-(aggr) /15525.90-(Cons)
OR
Buy Closer to or C.O Above 15453.45 Target1 - 15594.30-15602.40 Target2 - 15617.00 Target3 15645.20 Target4 - 15673.30 Target5 - 15743.25 Target6 - 15815.70 Target7 - 15888.20 Target8 - 15960.65 Target9 - 16033.10 S/L 15453.45 or Day's Low
-------------------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15594.30 Target1 - 15579.60 Target2 - 15551.50 Target3 - 15523.35 Target4 - 15453.45 Target5 - 15381.00 Target6 - 15308.50 Target7 - 15236.05 Target8 - 15163.60 S/L 15602.40-(aggr) /15670.80-(Cons)
OR
Sell Closer to or C.O Below 15743.25 Target1 - 15602.40-15594.30 Target2 - 15579.60 Target3 - 15551.50 Target4 - 15523.35 Target5 - 15453.45 Target6 - 15381.00 Target7 - 15308.50 Target8 - 15236.05 Target9 - 15163.60 S/L 15743.25 or Day's High
--------------------------------------------------------------------------------------------------------------------
No comments:
Post a Comment