Nifty Spot Update

Nifty still manages to save bias change at EOD close - 7748.7.

Update on Nifty Spot

Bias is likely to change today from +ve to -ve after 9 days if EOD close of Nifty Spot is below 7748.60.

Update on Nifty Future

Buy Closer to or C.O Above 7731.60 - 7738.90  has produced bounce upto 7750.6.

Reliance sell Call Update

Worked upto Target3 already. See Stocks blog.

Update on NIfty Future

Strength above 7752 and Weak below 7731.

Happy Birthday to remember

Today is the birthday of the Legend - Mr. R.N Elliott (28 July 1871).  

Update on Nifty Future

Sell call completed target3(7731.6)

Update on Nifty Future

Sell call completed Target2(7738.9)

Update on Nifty Future

Testing the support zone again, signs of weakness.

Update on Nifty Future

Pre-Market Support Zone has produced a 15 point bounce from 7752.  Nifty remains weak below 7772-7780.

Update on Nifty future

Counter trend reversed at around 7768 and approaching target2 (7738.9) of sell. Pre-market good support zone at 7743-7752.

Update on Nifty Future

Buying level 7657 has given 11 points till now.

Update on Nifty Future

Sell Target1 upto -10 points i.e. 7767-10 = 7757  is buy zone for 15-20 points.

Update on Nifty Future

Sell Triggered bellow 7783.70 and sell Target1(7767.00) Done.

Pre-Market Levels For 28th July, 2014 Working

Trade the Levels, Charts Can Adjust.
For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future
Weak below 7772-7780 and Strong above it.   Main Support 7743-7752 and   Main Resistances 7790 and 7809-7817.   7875 is Day Shocker.  Day SAR is at 7642.  7743 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 7787.70 Target1 - 7804.40  Target2 7832.55 Target3 - 7839.80  Target4 - 7860.70 Target5 - 7877.30 Target6 - 7893.90 Target7 - 7920.95 Target8 - 7948.00 S/L 7783.70-(aggr) /7758.65-(Cons)
OR
Buy Closer to or C.O Above 7731.60 - 7738.90  Target1 - 7767.00  Target2 - 7783.70-7787.70 Target3 - 7804.40  Target4 7832.55 Target5 - 7839.80  Target6 - 7860.70 Target7 - 7877.30 Target8 - 7893.90 Target9 - 7920.95 Target10 - 7948.00 S/L 7731.60 or Day's Low
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Sell Below or Closer to 7783.70 Target1 - 7767.00  Target2 - 7738.90  Target3 - 7731.60 Target4 - 7710.70 Target5 - 7694.10 Target6 - 7677.50 Target7 - 7650.45 Target8 - 7623.40 S/L 7787.70-(aggr) /7812.75-(Cons)
OR
Sell Closer to  or C.O Below 7839.80 Target1 - 7787.70-7783.70 Target2 - 7767.00  Target3 - 7738.90  Target4 - 7731.60 Target5 - 7710.70 Target6 - 7694.10 Target7 - 7677.50 Target8 - 7650.45 Target9 - 7623.40 S/L 7839.80 or Day's High
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Banknifty Future
Weak below 15325-15341 and Strong above it.  Main Support 15329-15361 and   Main Resistances 15381-15427 and 15491-15553.  15509 is Day Shocker. Day SAR is at 15033. 15147 (Sustaining Below) is First S/L for Longs.
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Buy Above or Closer to 15356.10 Target1 - 15370.90  Target2 15399.00 Target3 - 15427.20  Target4 - 15528.45 Target5 - 15616.65 Target6 - 15704.80 Target7 - 15792.95 Target8 - 15881.10 S/L 15348.20-(aggr) /15264.00-(Cons)
OR
Buy Closer to or C.O Above 15175.85 - 15305.30  Target1 - 15333.50  Target2 - 15348.20-15356.10 Target3 - 15370.90  Target4 15399.00 Target5 - 15427.20  Target6 - 15528.45 Target7 - 15616.65 Target8 - 15704.80 Target9 - 15792.95 Target10 - 15881.10 S/L 15175.85 or Day's Low
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Sell Below or Closer to 15348.20 Target1 - 15333.50  Target2 - 15305.30  Target3 - 15277.15 Target4 - 15175.85 Target5 - 15087.65 Target6 - 14999.50 Target7 - 14911.35 Target8 - 14823.20 S/L 15356.10-(aggr) /15440.30-(Cons)
OR
Sell Closer to  or C.O Below 15528.45 Target1 - 15356.10-15348.20 Target2 - 15333.50  Target3 - 15305.30  Target4 - 15277.15 Target5 - 15175.85 Target6 - 15087.65 Target7 - 14999.50 Target8 - 14911.35 Target9 - 14823.20 S/L 15528.45 or Day's High
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