Thursday, July 17, 2014
Update on Nifty Future
Update on Nifty Future
FII data suggests that 7675 will remain key for the day for Nifty Future and maximum level it can achieve is 7740 for the day. Take caution as during the day as some sharp corrections may come,which that could be a buy in dips opportunity. 7567 (Sustaining below) is the S/L for all longs during the Month.
Posted by Sandip Pal at 7:32 AM No comments:
Day high has been 7674.7, Nifty respected the level.
FII data suggests that 7675 will remain key for the day for Nifty Future and maximum level it can achieve is 7740 for the day. Take caution as during the day as some sharp corrections may come,which that could be a buy in dips opportunity. 7567 (Sustaining below) is the S/L for all longs during the Month.
Posted by Sandip Pal at 7:32 AM No comments:
Day high has been 7674.7, Nifty respected the level.
Pre-Market Levels For 17th July, 2014 Working
Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7625 and Strong above 7643. 7584-7585 and 7631-7636 Main Support and 7678-7692 and 7700-7713 Main Resistances. 7498 is Day Shocker. Day SAR is at 7631. 7567 (Sustaining Below) is Final S/L for Longs.
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Buy Above or Closer to 7645.05 Target1 - 7661.70 Target2 7689.90 Target3 - 7698.00 Target4 - 7718.05 Target5 - 7735.55 Target6 - 7753.00 Target7 - 7780.50 Target8 - 7808.00 S/L 7641.05-(aggr) /7615.55-(Cons)
OR
Buy Closer to or C.O Above 7588.05 - 7596.20 Target1 - 7641.05-7645.05 Target2 - 7661.70 Target3 7689.90 Target4 - 7698.00 Target5 - 7718.05 Target6 - 7735.55 Target7 - 7753.00 Target8 - 7780.50 Target9 - 7808.00 S/L 7588.05 or Day's Low
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Sell Below or Closer to 7641.05 Target1 - 7624.30 Target2 - 7596.20 Target3 - 7588.05 Target4 - 7568.05 Target5 - 7550.55 Target6 - 7533.10 Target7 - 7505.60 Target8 - 7478.10 S/L 7645.05-(aggr) /7670.55-(Cons)
OR
Sell Closer to or C.O Below 7698.05 Target1 - 7645.05-7641.05 Target2 - 7624.30 Target3 - 7596.20 Target4 - 7588.05 Target5 - 7568.05 Target6 - 7550.55 Target7 - 7533.10 Target8 - 7505.60 Target9 - 7478.10 S/L 7698.05 or Day's High
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Banknifty Future
Weak below 15270 and Strong above 15306. 15056 and 15260-15282 Main Support and 15405-15463 and 15542-15586 Main Resistances. 14793 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
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Buy Above or Closer to 15310.30 Target1 - 15325.00 Target2 15353.15 Target3 - 15381.30 Target4 - 15477.95 Target5 - 15563.75 Target6 - 15649.55 Target7 - 15735.40 Target8 - 15821.20 S/L 15302.30-(aggr) /15220.50-(Cons)
OR
Buy Closer to or C.O Above 15134.65 - 15259.40 Target1 - 15302.30-15310.30 Target2 - 15325.00 Target3 15353.15 Target4 - 15381.30 Target5 - 15477.95 Target6 - 15563.75 Target7 - 15649.55 Target8 - 15735.40 Target9 - 15821.20 S/L 15134.65 or Day's Low
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Sell Below or Closer to 15302.30 Target1 - 15287.60 Target2 - 15259.40 Target3 - 15231.30 Target4 - 15134.65 Target5 - 15048.85 Target6 - 14963.05 Target7 - 14877.20 Target8 - 14791.40 S/L 15310.30-(aggr) /15392.10-(Cons)
OR
Sell Closer to or C.O Below 15477.95 Target1 - 15310.30-15302.30 Target2 - 15287.60 Target3 - 15259.40 Target4 - 15231.30 Target5 - 15134.65 Target6 - 15048.85 Target7 - 14963.05 Target8 - 14877.20 Target9 - 14791.40 S/L 15477.95 or Day's High
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For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
7690-7740 is enormous resistance for Nifty Spot and if cleared well, will become big support for the Month and vice versa.
Nifty Future
Weak below 7625 and Strong above 7643. 7584-7585 and 7631-7636 Main Support and 7678-7692 and 7700-7713 Main Resistances. 7498 is Day Shocker. Day SAR is at 7631. 7567 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 7645.05 Target1 - 7661.70 Target2 7689.90 Target3 - 7698.00 Target4 - 7718.05 Target5 - 7735.55 Target6 - 7753.00 Target7 - 7780.50 Target8 - 7808.00 S/L 7641.05-(aggr) /7615.55-(Cons)
OR
Buy Closer to or C.O Above 7588.05 - 7596.20 Target1 - 7641.05-7645.05 Target2 - 7661.70 Target3 7689.90 Target4 - 7698.00 Target5 - 7718.05 Target6 - 7735.55 Target7 - 7753.00 Target8 - 7780.50 Target9 - 7808.00 S/L 7588.05 or Day's Low
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Sell Below or Closer to 7641.05 Target1 - 7624.30 Target2 - 7596.20 Target3 - 7588.05 Target4 - 7568.05 Target5 - 7550.55 Target6 - 7533.10 Target7 - 7505.60 Target8 - 7478.10 S/L 7645.05-(aggr) /7670.55-(Cons)
OR
Sell Closer to or C.O Below 7698.05 Target1 - 7645.05-7641.05 Target2 - 7624.30 Target3 - 7596.20 Target4 - 7588.05 Target5 - 7568.05 Target6 - 7550.55 Target7 - 7533.10 Target8 - 7505.60 Target9 - 7478.10 S/L 7698.05 or Day's High
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Banknifty Future
Weak below 15270 and Strong above 15306. 15056 and 15260-15282 Main Support and 15405-15463 and 15542-15586 Main Resistances. 14793 is Day Shocker. Day SAR is at 15065. 15147 (Sustaining Below) is Final S/L for Longs.
---------------------------------------------------------------------------------------------------------------
Buy Above or Closer to 15310.30 Target1 - 15325.00 Target2 15353.15 Target3 - 15381.30 Target4 - 15477.95 Target5 - 15563.75 Target6 - 15649.55 Target7 - 15735.40 Target8 - 15821.20 S/L 15302.30-(aggr) /15220.50-(Cons)
OR
Buy Closer to or C.O Above 15134.65 - 15259.40 Target1 - 15302.30-15310.30 Target2 - 15325.00 Target3 15353.15 Target4 - 15381.30 Target5 - 15477.95 Target6 - 15563.75 Target7 - 15649.55 Target8 - 15735.40 Target9 - 15821.20 S/L 15134.65 or Day's Low
---------------------------------------------------------------------------------------------------------------
Sell Below or Closer to 15302.30 Target1 - 15287.60 Target2 - 15259.40 Target3 - 15231.30 Target4 - 15134.65 Target5 - 15048.85 Target6 - 14963.05 Target7 - 14877.20 Target8 - 14791.40 S/L 15310.30-(aggr) /15392.10-(Cons)
OR
Sell Closer to or C.O Below 15477.95 Target1 - 15310.30-15302.30 Target2 - 15287.60 Target3 - 15259.40 Target4 - 15231.30 Target5 - 15134.65 Target6 - 15048.85 Target7 - 14963.05 Target8 - 14877.20 Target9 - 14791.40 S/L 15477.95 or Day's High
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Update on Nifty Future
FII data suggests that 7675 will remain key for the day for Nifty Future and maximum level it can achieve is 7740 for the day. Take caution as during the day as some sharp corrections may come,which that could be a buy in dips opportunity. 7567 (Sustaining below) is the S/L for all longs during the Month.
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