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 7780-7785 and Strong above it. 7716-7733 and 7762-7773 Main Support and 7821-7833 and 7843-7855 Main Resistances. 7768 is Day Shocker. Day SAR is at 7639.
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Buy Above or Closer to 7800.60 Target1 - 7817.30 Target2 7840.05 Target3 - 7845.50 Target4 - 7873.60 Target5 - 7877.57 Target6 - 7881.53 Target7 - 7902.25 Target8 - 7923.00 S/L 7796.60-(aggr) /7777.85-(Cons)
OR
Buy Closer to or C.O Above 7757.15 Target1 - 7796.60-7800.60 Target2 - 7817.30 Target3 7840.05 Target4 - 7845.50 Target5 - 7873.60 Target6 - 7877.57 Target7 - 7881.53 Target8 - 7902.25 Target9 - 7923.00 S/L 7757.15 or Day's Low
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Sell Below or Closer to 7796.60 Target1 - 7779.90 Target2 - 7757.10 Target3 - 7751.75 Target4 - 7723.60 Target5 - 7719.65 Target6 - 7715.65 Target7 - 7694.95 Target8 - 7674.20 S/L 7800.60-(aggr) /7819.35-(Cons)
OR
Sell Closer to or C.O Below 7840.05 Target1 - 7800.60-7796.60 Target2 - 7779.90 Target3 - 7757.10 Target4 - 7751.75 Target5 - 7723.60 Target6 - 7719.65 Target7 - 7715.65 Target8 - 7694.95 Target9 - 7674.20 S/L 7840.05 or Day's High
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Banknifty Future
Weak below 15441-15449 and Strong above it. 15427-15477 Main Support and 15538-15578 and 15681-15722 Main Resistances. 15734 is Day Shocker. Day SAR is at 15348.
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Buy Above or Closer to 15480.75 Target1 - 15495.50 Target2 15523.65 Target3 - 15551.80 Target4 - 15600.00 Target5 - 15661.65 Target6 - 15723.25 Target7 - 15784.85 Target8 - 15846.45 S/L 15472.80-(aggr) /15415.20-(Cons)
OR
Buy Closer to or C.O Above 15353.60 Target1 - 15472.80-15480.75 Target2 - 15495.50 Target3 15523.65 Target4 - 15551.80 Target5 - 15600.00 Target6 - 15661.65 Target7 - 15723.25 Target8 - 15784.85 Target9 - 15846.45 S/L 15353.60 or Day's Low
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Sell Below or Closer to 15472.80 Target1 - 15458.10 Target2 - 15429.90 Target3 - 15401.80 Target4 - 15353.60 Target5 - 15291.95 Target6 - 15230.35 Target7 - 15168.75 Target8 - 15107.15 S/L 15480.75-(aggr) /15538.40-(Cons)
OR
Sell Closer to or C.O Below 15600.00 Target1 - 15480.75-15472.80 Target2 - 15458.10 Target3 - 15429.90 Target4 - 15401.80 Target5 - 15353.60 Target6 - 15291.95 Target7 - 15230.35 Target8 - 15168.75 Target9 - 15107.15 S/L 15600.00 or Day's High
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