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 and vice versa.
Nifty Future
Weak below 7615 and Strong above 7627. 7574-7595 Main Support and 7648-7655 and 7694-7711 Main Resistances. 7772 is Day Shocker. Day SAR is at 7641.
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Buy Above or Closer to 7650.75 Target1 - 7667.50 Target2 7691.90 Target3 - 7695.60 Target4 - 7723.75 Target5 - 7729.40 Target6 - 7735.05 Target7 - 7756.65 Target8 - 7778.25 S/L 7646.75-(aggr) /7627.15-(Cons)
OR
Buy Closer to or C.O Above 7605.60 Target1 - 7646.75-7650.75 Target2 - 7667.50 Target3 7691.90 Target4 - 7695.60 Target5 - 7723.75 Target6 - 7729.40 Target7 - 7735.05 Target8 - 7756.65 Target9 - 7778.25 S/L 7605.60 or Day's Low
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Sell Below or Closer to 7646.75 Target1 - 7630.10 Target2 - 7605.60 Target3 - 7601.90 Target4 - 7573.75 Target5 - 7568.10 Target6 - 7562.45 Target7 - 7540.85 Target8 - 7519.25 S/L 7650.75-(aggr) /7670.35-(Cons)
OR
Sell Closer to or C.O Below 7691.90 Target1 - 7650.75-7646.75 Target2 - 7630.10 Target3 - 7605.60 Target4 - 7601.90 Target5 - 7573.75 Target6 - 7568.10 Target7 - 7562.45 Target8 - 7540.85 Target9 - 7519.25 S/L 7691.90 or Day's High
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Banknifty Future
Weak below 15025 and Strong above 15049. 14910-14971 Main Support and 15172-15261 Main Resistances. 15398 is Day Shocker. Day SAR is at 15348.
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Buy Above or Closer to 15095.25 Target1 - 15110.00 Target2 15138.15 Target3 - 15166.30 Target4 - 15223.05 Target5 - 15288.90 Target6 - 15354.80 Target7 - 15420.65 Target8 - 15486.55 S/L 15087.35-(aggr) /15025.45-(Cons)
OR
Buy Closer to or C.O Above 14959.55 Target1 - 15087.35-15095.25 Target2 - 15110.00 Target3 15138.15 Target4 - 15166.30 Target5 - 15223.05 Target6 - 15288.90 Target7 - 15354.80 Target8 - 15420.65 Target9 - 15486.55 S/L 14959.55 or Day's Low
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Sell Below or Closer to 15087.35 Target1 - 15072.60 Target2 - 15044.40 Target3 - 15016.30 Target4 - 14959.55 Target5 - 14893.70 Target6 - 14827.80 Target7 - 14761.95 Target8 - 14696.05 S/L 15095.25-(aggr) /15157.15-(Cons)
OR
Sell Closer to or C.O Below 15223.05 Target1 - 15095.25-15087.35 Target2 - 15072.60 Target3 - 15044.40 Target4 - 15016.30 Target5 - 14959.55 Target6 - 14893.70 Target7 - 14827.80 Target8 - 14761.95 Target9 - 14696.05 S/L 15223.05 or Day's High
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