Update on Nifty Spot

Bias is still down nothing is suggesting longs here. Oversold bounces are coming. No speculative longs are justified here till bias changes.

Update on Nifty Spot

Bull - bear fight on and we have to observe the close. Perhaps today bulls are winning if prices close somewhere here CMP 8436 Nifty Spot. May be some pullback is due!

Update on Nifty Spot

Below 8384 Nifty Spot earlier low (8269) will be immediately under threat. Last support this is.

Update on Nifty

Some good bounce got sold off ! Bias is still negative.

Update on Nifty Future

8517-8523 is the main resistance for Nifty Future today.

Update on Nifty Spot

If nifty is able to bottom out for a bias change in the range of 8384-8436 the earlier posted chart showing b of e-leg is still valid and Nifty may bounce for c-leg up of e-leg of 3rd corrective from these levels. However, if the last low of 8269 is retraced fully the chart would change. So, shorts watchout the range!! Nifty may hit a short term bottom soon (Need confirmation!).

Nifty and Banknifty Future Key Level(s) for 21st April, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Negative)

Weak Below / Strong Above 8464.  
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Banknifty Future (Bias -  Negative)

Weak Below / Strong Above 18214. 
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