Friday, May 8, 2015

Update on Nifty / Banknifty

Since Nifty is in the bottoming out process 8500 CE on June, 2015 and 19000 CE June, 2015 of Banknifty may be accumulated for good returns.

Nifty Hourly Chart EOD 7th May, 2015

There is a probable diametric structure in Play and sustaining above 8134 Nifty Spot Crucial for 8212 - 8248 and 8283(Max) before it comes down again for a correction. The structure is valid unless 8356 is crossed in 2 days. But it is near about / almost completing(completed?) a short time positional bottom.


Nifty and Banknifty Future Key Level(s) for 8th May, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)


Weak Below / Strong Above 8131.  

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Banknifty Future (Bias -  Positive)


Weak Below / Strong Above 17623. 
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