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 8091 and Strong above 8127. Main Support 8099-8108 and 8113-8126 and Main Resistances 8142-8151 and 8158-8170. 8236 is Day Shocker. Day SAR is at 7961. 8056 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 8134.40 Target1 - 8151.10 Target2 8163.60 Target3 - 8179.20 Target4 - 8194.80 Target5 - 8201.10 Target6 - 8207.40 Target7 - 8210.40 Target8 - 8226.00 S/L 8130.40-(aggr) /8116.80-(Cons)
OR
Buy Closer to or C.O Above 8101.20 - 8101.20 Target1 - 8113.70 Target2 - 8130.40-8134.40 Target3 - 8151.10 Target4 8163.60 Target5 - 8179.20 Target6 - 8194.80 Target7 - 8201.10 Target8 - 8207.40 Target9 - 8210.40 Target10 - 8226.00 S/L 8101.20 or Day's Low
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Sell Below or Closer to 8130.40 Target1 - 8113.70 Target2 - 8101.20 Target3 - 8085.55 Target4 - 8070.00 Target5 - 8063.70 Target6 - 8057.40 Target7 - 8054.40 Target8 - 8038.80 S/L 8134.40-(aggr) /8148.00-(Cons)
OR
Sell Closer to or C.O Below 8163.60 - 8179.20 Target1 - 8151.10 Target2 - 8134.40-8130.40 Target3 - 8113.70 Target4 - 8101.20 Target5 - 8085.55 Target6 - 8070.00 Target7 - 8063.70 Target8 - 8057.40 Target9 - 8054.40 Target10 - 8038.80 S/L 8179.20 or Day's High
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Banknifty Future (Bias - Negative)
Weak below 16038 and Strong above 16107. Main Support 15942-16030 and 16063-16104 and Main Resistance 16189-16225 and 16259-16290. 16435 is Day Shocker. Day SAR is at 15628. 15992 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 16122.85 Target1 - 16137.50 Target2 16165.70 Target3 - 16193.80 Target4 - 16231.45 Target5 - 16287.75 Target6 - 16344.10 Target7 - 16400.40 Target8 - 16456.70 S/L 16114.85-(aggr) /16062.55-(Cons)
OR
Buy Closer to or C.O Above 16006.25 - 16072.00 Target1 - 16100.10 Target2 - 16114.85-16122.85 Target3 - 16137.50 Target4 16165.70 Target5 - 16193.80 Target6 - 16231.45 Target7 - 16287.75 Target8 - 16344.10 Target9 - 16400.40 Target10 - 16456.70 S/L 16006.25 or Day's Low
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Sell Below or Closer to 16114.85 Target1 - 16100.10 Target2 - 16072.00 Target3 - 16043.85 Target4 - 16006.25 Target5 - 15949.95 Target6 - 15893.60 Target7 - 15837.30 Target8 - 15781.00 S/L 16122.85-(aggr) /16175.15-(Cons)
OR
Sell Closer to or C.O Below 16231.45 - 16193.80 Target1 - 16137.50 Target2 - 16122.85-16114.85 Target3 - 16100.10 Target4 - 16072.00 Target5 - 16043.85 Target6 - 16006.25 Target7 - 15949.95 Target8 - 15893.60 Target9 - 15837.30 Target10 - 15781.00 S/L 16231.45 or Day's High
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