Friday, August 22, 2014
Update on Nifty Future
Nifty Future could never get below buy level1 and hence stayed range bound above it. Buy level to Buylevel target1 trades happened 2-3 times.
Update on Nifty and Banknifty Future
Today's range has been tight till now. Buy Level +/-5 Points to Buy Level Target 1 +/-5 Points trade done. Nifty has left a gap at open and may like to fill the gap. The Banknifty had this extrordinary week but got resisted near the day shocker level.
Pre-Market Levels For 22nd Aug, 2014 for Intraday 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 7888 and Strong above 7896. Main Support 7877-7888 and 7895-7906 and Main Resistances 7916-7922 and 7937-7948. 7982 is Day Shocker. Day SAR is at 7749. 7872 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 7905.15 Target1 - 7921.80 Target2 7947.75 Target3 - 7950.00 Target4 - 7978.15 Target5 - 7985.25 Target6 - 7992.40 Target7 - 8014.70 Target8 - 8037.00 S/L 7901.15-(aggr) /7880.85-(Cons)
OR
Buy Closer to or C.O Above 7858.55 - 7858.50 Target1 - 7884.40 Target2 - 7901.15-7905.15 Target3 - 7921.80 Target4 7947.75 Target5 - 7950.00 Target6 - 7978.15 Target7 - 7985.25 Target8 - 7992.40 Target9 - 8014.70 Target10 - 8037.00 S/L 7858.55 or Day's Low
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Sell Below or Closer to 7901.15 Target1 - 7884.40 Target2 - 7858.50 Target3 - 7856.30 Target4 - 7828.15 Target5 - 7821.05 Target6 - 7813.90 Target7 - 7791.60 Target8 - 7769.30 S/L 7905.15-(aggr) /7925.45-(Cons)
OR
Sell Closer to or C.O Below 7947.75 Target1 - 7921.80 Target2 - 7905.15-7901.15 Target3 - 7884.40 Target4 - 7858.50 Target5 - 7856.30 Target6 - 7828.15 Target7 - 7821.05 Target8 - 7813.90 Target9 - 7791.60 Target10 - 7769.30 S/L 7947.75 or Day's High
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Banknifty Future
Weak below 15642 and Strong above 15658. Main Support 15585-15647 and Main Resistances 15710-15751 and 15784-15824. 15876 is Day Shocker. Day SAR is at 15247. 15502 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 15675.65 Target1 - 15690.40 Target2 15718.55 Target3 - 15746.70 Target4 - 15797.55 Target5 - 15860.45 Target6 - 15923.35 Target7 - 15986.30 Target8 - 16049.20 S/L 15667.75-(aggr) /15608.80-(Cons)
OR
Buy Closer to or C.O Above 15545.85 - 15624.90 Target1 - 15653.00 Target2 - 15667.75-15675.65 Target3 - 15690.40 Target4 15718.55 Target5 - 15746.70 Target6 - 15797.55 Target7 - 15860.45 Target8 - 15923.35 Target9 - 15986.30 Target10 - 16049.20 S/L 15545.85 or Day's Low
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Sell Below or Closer to 15667.75 Target1 - 15653.00 Target2 - 15624.90 Target3 - 15596.70 Target4 - 15545.85 Target5 - 15482.95 Target6 - 15420.05 Target7 - 15357.10 Target8 - 15294.20 S/L 15675.65-(aggr) /15734.60-(Cons)
OR
Sell Closer to or C.O Below 15797.55 Target1 - 15690.40 Target2 - 15675.65-15667.75 Target3 - 15653.00 Target4 - 15624.90 Target5 - 15596.70 Target6 - 15545.85 Target7 - 15482.95 Target8 - 15420.05 Target9 - 15357.10 Target10 - 15294.20 S/L 15797.55 or Day's High
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For Nifty +/- 5/6 Points and for Banknifty +/-10-12 Points, is allowed deviation
Nifty Future
Weak below 7888 and Strong above 7896. Main Support 7877-7888 and 7895-7906 and Main Resistances 7916-7922 and 7937-7948. 7982 is Day Shocker. Day SAR is at 7749. 7872 (Sustaining Below)/ EOD close Below is First S/L for Longs.
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Buy Above or Closer to 7905.15 Target1 - 7921.80 Target2 7947.75 Target3 - 7950.00 Target4 - 7978.15 Target5 - 7985.25 Target6 - 7992.40 Target7 - 8014.70 Target8 - 8037.00 S/L 7901.15-(aggr) /7880.85-(Cons)
OR
Buy Closer to or C.O Above 7858.55 - 7858.50 Target1 - 7884.40 Target2 - 7901.15-7905.15 Target3 - 7921.80 Target4 7947.75 Target5 - 7950.00 Target6 - 7978.15 Target7 - 7985.25 Target8 - 7992.40 Target9 - 8014.70 Target10 - 8037.00 S/L 7858.55 or Day's Low
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Sell Below or Closer to 7901.15 Target1 - 7884.40 Target2 - 7858.50 Target3 - 7856.30 Target4 - 7828.15 Target5 - 7821.05 Target6 - 7813.90 Target7 - 7791.60 Target8 - 7769.30 S/L 7905.15-(aggr) /7925.45-(Cons)
OR
Sell Closer to or C.O Below 7947.75 Target1 - 7921.80 Target2 - 7905.15-7901.15 Target3 - 7884.40 Target4 - 7858.50 Target5 - 7856.30 Target6 - 7828.15 Target7 - 7821.05 Target8 - 7813.90 Target9 - 7791.60 Target10 - 7769.30 S/L 7947.75 or Day's High
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Banknifty Future
Weak below 15642 and Strong above 15658. Main Support 15585-15647 and Main Resistances 15710-15751 and 15784-15824. 15876 is Day Shocker. Day SAR is at 15247. 15502 (Sustaining below)/ EOD close below is First S/L for Longs.
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Buy Above or Closer to 15675.65 Target1 - 15690.40 Target2 15718.55 Target3 - 15746.70 Target4 - 15797.55 Target5 - 15860.45 Target6 - 15923.35 Target7 - 15986.30 Target8 - 16049.20 S/L 15667.75-(aggr) /15608.80-(Cons)
OR
Buy Closer to or C.O Above 15545.85 - 15624.90 Target1 - 15653.00 Target2 - 15667.75-15675.65 Target3 - 15690.40 Target4 15718.55 Target5 - 15746.70 Target6 - 15797.55 Target7 - 15860.45 Target8 - 15923.35 Target9 - 15986.30 Target10 - 16049.20 S/L 15545.85 or Day's Low
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Sell Below or Closer to 15667.75 Target1 - 15653.00 Target2 - 15624.90 Target3 - 15596.70 Target4 - 15545.85 Target5 - 15482.95 Target6 - 15420.05 Target7 - 15357.10 Target8 - 15294.20 S/L 15675.65-(aggr) /15734.60-(Cons)
OR
Sell Closer to or C.O Below 15797.55 Target1 - 15690.40 Target2 - 15675.65-15667.75 Target3 - 15653.00 Target4 - 15624.90 Target5 - 15596.70 Target6 - 15545.85 Target7 - 15482.95 Target8 - 15420.05 Target9 - 15357.10 Target10 - 15294.20 S/L 15797.55 or Day's High
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Nifty Spot 30 Min Chart Update EOD 21st August, 2014
Nifty is in g-leg up of 2nd corrective inside larger F-Leg. the a-leg of g-leg up was completed at 7918.55 and at present b-leg of g-leg is ongoing or have completed at day's low at 7855.95 to be confirmed with an EOD close above 7920. Thereafter c-leg up of g-leg will start (started?)
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