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 8169 and Strong above 8188. Main Support 8146-8155 and 8168-8176 and Main Resistances 8208-8214 and 8226-8236. 8208 is Day Shocker. Day SAR is at 8033. 8101 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 8195.10 Target1 - 8211.80 Target2 8223.55 Target3 - 8239.90 Target4 - 8254.00 Target5 - 8261.05 Target6 - 8268.10 Target7 - 8269.25 Target8 - 8284.50 S/L 8191.10-(aggr) /8177.85-(Cons)
OR
Buy Closer to or C.O Above 8162.65 - 8162.60 Target1 - 8174.40 Target2 - 8191.10-8195.10 Target3 - 8211.80 Target4 8223.55 Target5 - 8239.90 Target6 - 8254.00 Target7 - 8261.05 Target8 - 8268.10 Target9 - 8269.25 Target10 - 8284.50 S/L 8162.65 or Day's Low
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Sell Below or Closer to 8191.10 Target1 - 8174.40 Target2 - 8162.60 Target3 - 8146.25 Target4 - 8132.20 Target5 - 8125.15 Target6 - 8118.10 Target7 - 8116.95 Target8 - 8101.70 S/L 8195.10-(aggr) /8208.35-(Cons)
OR
Sell Closer to or C.O Below 8223.55 - 8239.90 Target1 - 8211.80 Target2 - 8195.10-8191.10 Target3 - 8174.40 Target4 - 8162.60 Target5 - 8146.25 Target6 - 8132.20 Target7 - 8125.15 Target8 - 8118.10 Target9 - 8116.95 Target10 - 8101.70 S/L 8239.90 or Day's High
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Banknifty Future (Bias - Positive)
Weak below 16220 and Strong above 16257. Main Support 16067-16151 and 16193-16227 and Main Resistance 16274-16321 and 16334-16366. 16240 is Day Shocker. Day SAR is at 15678. 16074 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 16271.75 Target1 - 16286.50 Target2 16314.60 Target3 - 16342.80 Target4 - 16372.85 Target5 - 16425.35 Target6 - 16477.90 Target7 - 16530.45 Target8 - 16583.00 S/L 16263.75-(aggr) /16215.20-(Cons)
OR
Buy Closer to or C.O Above 16162.65 - 16220.90 Target1 - 16249.10 Target2 - 16263.75-16271.75 Target3 - 16286.50 Target4 16314.60 Target5 - 16342.80 Target6 - 16372.85 Target7 - 16425.35 Target8 - 16477.90 Target9 - 16530.45 Target10 - 16583.00 S/L 16162.65 or Day's Low
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Sell Below or Closer to 16263.75 Target1 - 16249.10 Target2 - 16220.90 Target3 - 16192.75 Target4 - 16162.65 Target5 - 16110.15 Target6 - 16057.60 Target7 - 16005.05 Target8 - 15952.50 S/L 16271.75-(aggr) /16320.30-(Cons)
OR
Sell Closer to or C.O Below 16372.85 - 16342.80 Target1 - 16286.50 Target2 - 16271.75-16263.75 Target3 - 16249.10 Target4 - 16220.90 Target5 - 16192.75 Target6 - 16162.65 Target7 - 16110.15 Target8 - 16057.60 Target9 - 16005.05 Target10 - 15952.50 S/L 16372.85 or Day's High
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