Wednesday, February 11, 2015
Update on Nifty Spot
Nifty hesitating to crossover the previous tops in the range 8620-8630 and once crossed this will become support once again.
Update on Nifty
Market might have bottomed yesterday and Nifty may oscillate in a range for sometime before moving up for e-leg of the diametric.
Nifty EOD Chart as on 10th Feb, 2015
Nifty may have not yet completed the d-leg as yet. The first set of a-b-c was over followed by and x-wave? and now last part could be an ending triangle. So, expect range bound moves and high volatility for next couple of days till a close happens above 8647.
Nifty Future Data Levels for 11th Feb, 2015
TRADE the Levels, Charts Can Adjust.
Nifty Future (Bias - Negative)
-- 8516 - 8558 - 8579 - 8600 - (8642) - 8684 - 8705 - 8726 ++
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Banknifty Future (Bias - Negative)
-- 18462 - 18645 - 18737 - (18829) - 18913/20 - 19104 - 19197 - 19380 ++
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Nifty Future (Bias - Negative)
-- 8516 - 8558 - 8579 - 8600 - (8642) - 8684 - 8705 - 8726 ++
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Banknifty Future (Bias - Negative)
-- 18462 - 18645 - 18737 - (18829) - 18913/20 - 19104 - 19197 - 19380 ++
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