Update on Nifty Spot

Nifty Spot is in the process of making a Bullish Gartley / Butterfly / Crab (Harmonic Trader Terms) and an Expanding triangle (Neowave Trader Terms) with the following Targets :

Expanding Triangle Targeting 7450 (achieved) / 7444 with S/L of 7622 (Aggressive) 7646 / 7656 (Conservative)
And
Unfinished/Finished Bullish Gartley Targeting 7573.30(Min - Done) / 7551.10 - Done / 7528.25/ 7511.80 /7495.90 (Max) - Target with S/L of 7622 (Aggressive) 7646 / 7656 (Conservative)
OR
Unfinished Bullish Butterfly Targeting 7505.40(Min) / 7495.90 / 7438.70 / 7309.05 (Max) - Target with S/L of 7622 (Aggressive) 7646 / 7656 (Conservative)
Or 
Unfinished  Bullish Crab Targeting 7352.70(Min) / 7337.35 / 7178.80 / 7163.30 (Max) - Target with S/L of 7622 (Aggressive) 7646 / 7656 (Conservative)

Update on Nifty Future

7595 Nifty Future the key value again.

Update on Nifty Spot

Expanding triangle Minimum Target done, further weakness below last low or 7545. Strength above 7577.

Update

Expanding traingle got confirmed.

Update on Nifty Spot

e-leg of expanding triangle confirmed below 7548 and can go upto 7440(Approx). This last leg is usually violent and such characteristics is present in the move.

Update

7595 Nifty Future Crucial.

Pre-Market Levels for the day 8th Aug, 2014 (only for Intraday trading)

Trade the Levels, Charts Can Adjust.

For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation

Nifty Future

Weak below 7644 and Strong above 7653.   Main Support 7619-7635 and 7646-7657 and  Main Resistances 7667-7675 and 7692-7708/7716.   7716 is Day Shocker.  Day SAR is at 7713.  7724 (Sustaining above)/ EOD close above is First S/L for Shorts.

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Buy Above or Closer to 7671.65 Target1 - 7688.30  Target2 7714.80 Target3 - 7716.50  Target4 - 7744.65 Target5 - 7752.30 Target6 - 7760.00 Target7 - 7782.55 Target8 - 7805.15 S/L 7667.65-(aggr) /7647.05-(Cons)

OR

Buy Closer to or C.O Above 7624.50 - 7624.50  Target1 - 7650.90  Target2 - 7667.65-7671.65 Target3 - 7688.30  Target4 7714.80 Target5 - 7716.50  Target6 - 7744.65 Target7 - 7752.30 Target8 - 7760.00 Target9 - 7782.55 Target10 - 7805.15 S/L 7624.50 or Day's Low  

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Sell Below or Closer to 7667.65 Target1 - 7650.90  Target2 - 7624.50  Target3 - 7622.80 Target4 - 7594.65 Target5 - 7587.00 Target6 - 7579.30 Target7 - 7556.75 Target8 - 7534.15 S/L 7671.65-(aggr) /7692.25-(Cons)

OR

Sell Closer to  or C.O Below 7714.80 Target1 - 7671.65-7667.65 Target2 - 7650.90  Target3 - 7624.50  Target4 - 7622.80 Target5 - 7594.65 Target6 - 7587.00 Target7 - 7579.30 Target8 - 7556.75 Target9 - 7534.15 S/L 7714.80 or Day's High  

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Banknifty Future

Weak below 15016 and Strong above 15033.  Main Support 14800-14828 and 14903-14974 and   Main Resistances 15122-15148 and 15179-15243.  15148 is Day Shocker. Day SAR is at 15343.  15192 (Sustaining Above)/ EOD close Above is First S/L for Shorts.

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Buy Above or Closer to 15070.45 Target1 - 15085.20  Target2 15113.35 Target3 - 15141.50  Target4 - 15197.20 Target5 - 15262.60 Target6 - 15327.95 Target7 - 15393.30 Target8 - 15458.65 S/L 15062.55-(aggr) /15001.15-(Cons)

OR

Buy Closer to or C.O Above 14935.80 - 15019.70  Target1 - 15047.80  Target2 - 15062.55-15070.45 Target3 - 15085.20  Target4 15113.35 Target5 - 15141.50  Target6 - 15197.20 Target7 - 15262.60 Target8 - 15327.95 Target9 - 15393.30 Target10 - 15458.65 S/L 14935.80 or Day's Low

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Sell Below or Closer to 15062.55 Target1 - 15047.80  Target2 - 15019.70  Target3 - 14991.50 Target4 - 14935.80 Target5 - 14870.40 Target6 - 14805.05 Target7 - 14739.70 Target8 - 14674.35 S/L 15070.45-(aggr) /15131.85-(Cons)

OR

Sell Closer to  or C.O Below 15197.20 Target1 - 15070.45-15062.55 Target2 - 15047.80  Target3 - 15019.70  Target4 - 14991.50 Target5 - 14935.80 Target6 - 14870.40 Target7 - 14805.05 Target8 - 14739.70 Target9 - 14674.35 S/L 15197.20 or Day's High  

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Update

Stocks Blog Updated.