Friday, December 12, 2014

Update on Nifty Spot Daily Chart

Watch out the falling channel (looks running correction - bearish) on the daily chart and breakout will speedup the moves. Trend is firmly down and breakdown targets may be 8122-8175 on Nifty spot.

Update for Nifty Spot

8284 Crucial to hold for Nifty Spot.

Update on Nifty Price movement

Price behaviour is triangular and hence price movement in any direction will be with high speed .

Nifty Future Data Levels for 12th Dec, 2014

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)
-- 8252-8262/ 8272-8282 / 8326-8336 / 8355-8361 / 8383-8389  / 8419 / 8443++ 
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Banknifty Future (Bias - Negative)
--18183/  18291 / 18461 / 18504-18565 / 18613-18633 / /18724-18767 / 18872++
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