Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future (Bias - Positive)
Weak below 8092 and Strong above 8130. Main Support 8093-8106 and 8121-8132 and Main Resistances 8138-8146 and 8158-8175. 8175 is Day Shocker. Day SAR is at 8034. 8124 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 8132.70 Target1 - 8149.40 Target2 8162.45 Target3 - 8177.60 Target4 - 8194.25 Target5 - 8199.95 Target6 - 8205.70 Target7 - 8210.10 Target8 - 8226.00 S/L 8128.70-(aggr) /8114.82-(Cons)
OR
Buy Closer to or C.O Above 8098.95 - 8098.90 Target1 - 8112.00 Target2 - 8128.70-8132.70 Target3 - 8149.40 Target4 8162.45 Target5 - 8177.60 Target6 - 8194.25 Target7 - 8199.95 Target8 - 8205.70 Target9 - 8210.10 Target10 - 8226.00 S/L 8098.95 or Day's Low
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Sell Below or Closer to 8128.70 Target1 - 8112.00 Target2 - 8098.90 Target3 - 8083.85 Target4 - 8067.15 Target5 - 8061.45 Target6 - 8055.70 Target7 - 8051.30 Target8 - 8035.40 S/L 8132.70-(aggr) /8146.60-(Cons)
OR
Sell Closer to or C.O Below 8162.45 - 8177.60 Target1 - 8149.40 Target2 - 8132.70-8128.70 Target3 - 8112.00 Target4 - 8098.90 Target5 - 8083.85 Target6 - 8067.15 Target7 - 8061.45 Target8 - 8055.70 Target9 - 8051.30 Target10 - 8035.40 S/L 8177.60 or Day's High
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Banknifty Future (Bias - Positive)
Weak below 16157 and Strong above 16231. Main Support 16061-16136 and 16161-16245 and Main Resistance 16261-16322 and 16364-16460. 16239 is Day Shocker. Day SAR is at 15880. 16143 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 16237.00 Target1 - 16251.70 Target2 16279.85 Target3 - 16308.00 Target4 - 16337.00 Target5 - 16389.00 Target6 - 16440.95 Target7 - 16492.95 Target8 - 16544.95 S/L 16229.00-(aggr) /16181.00-(Cons)
OR
Buy Closer to or C.O Above 16129.00 - 16186.20 Target1 - 16214.30 Target2 - 16229.00-16237.00 Target3 - 16251.70 Target4 16279.85 Target5 - 16308.00 Target6 - 16337.00 Target7 - 16389.00 Target8 - 16440.95 Target9 - 16492.95 Target10 - 16544.95 S/L 16129.00 or Day's Low
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Sell Below or Closer to 16229.00 Target1 - 16214.30 Target2 - 16186.20 Target3 - 16158.00 Target4 - 16129.00 Target5 - 16077.00 Target6 - 16025.05 Target7 - 15973.05 Target8 - 15921.05 S/L 16237.00-(aggr) /16285.00-(Cons)
OR
Sell Closer to or C.O Below 16337.00 - 16308.00 Target1 - 16251.70 Target2 - 16237.00-16229.00 Target3 - 16214.30 Target4 - 16186.20 Target5 - 16158.00 Target6 - 16129.00 Target7 - 16077.00 Target8 - 16025.05 Target9 - 15973.05 Target10 - 15921.05 S/L 16337.00 or Day's High
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