Friday, June 26, 2015

Update on Nifty Spot

Close below 8379 (Day High 5 Ema) will indicate weakness and more so if closes below 8358 (Week High 5 Ema). Caution with longs for Monday if EOD average close of Nifty spot is below any one of them.

Nifty Spot Daily Chart As on 26/6/2015

Breakout of range will show direction. Nifty has a task in hand failing which bearish options will remain open. The task is to retrace the high of 8490 within next week!! As long as bias remains positive the positive options are open.

Update on Nifty and Banknifty Spot

Bias Change if EOD close below below 8329.50 for Nifty Spot and below 18278.70 for Banknifty.

Update on Nifty and Banknifty Future

Both Nifty Future and Banknifty Future fell from the buy Above / Sell Below Level!

Update on Nifty Spot

8433 by Monday and 8490 by next Thursday is the name of the bull game.  So, let us watch the time as well as price!

Nifty and Banknifty Future Key Level(s) for 26th June, 2015

TRADE the Levels, Charts Can Adjust.

Nifty Future (Bias - Positive)


Weak Below / Strong Above 8413. 
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Banknifty Future (Bias -  Positive)

Weak Below / Strong Above 18490. 

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