Monday, February 29, 2016

Update on Nifty and Banknifty Future Intraday

Strength above 7037 Nifty Future and 13946 Banknifty Future.

Nifty and Banknifty Future Key Level(s) for 29th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7073

Trade This  [ - 7008-7037 - (Must touch) - 7073-7102 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7040.
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Banknifty Future (Bias -Negative) - Key Number for the day 13923

Trade This  [ - 13752-13774 - (Must touch) - 13923-13946(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 13807. 
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Friday, February 26, 2016

Update on Nifty Future

7094-7003 Big Support Zone buying may be initiated if price goes below it and comes above it for the day also one can stay long if prices holds above 7021.

Update on Nifty

Till now today's gap up was a good selling opportunity unless proved otherwise. Watch the levels.

Update on Nifty Future

Weak below 7069 for Nifty Future.

Update on Banknifty Future

Revise Banknifty Future intraday Long above / Short below Level  to 13788.

Nifty and Banknifty Future Key Level(s) for 26th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7107

Weak Below / Strong Above 7082. 

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Banknifty Future (Bias -Negative) - Key Number for the day 13891

Weak Below / Strong Above 13850. 

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Thursday, February 25, 2016

Update on Nifty Future

Keep 6972 as New Intraday level for Long Above / Short below.  Although no positional long confirmation yet!

Update on Nifty Future

7015 is the intraday level i.e. Long above & Short below Level.

Update on Nifty Future

Staying above 7001 prices likely to attempt 7037-7064 range. Below 7001 lower levels will be sought.

Update on Nifty Future

7004,  6972 and 6939 anywhere Nifty may get some support and Pullback but trend remains down so these pullbacks may get sold off again.

Nifty and Banknifty Future Key Level(s) for 25th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7015

Trade This  [ - 6974-7001 - (Must touch) - 7037-7064 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7034. 
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Banknifty Future (Bias -Negative) - Key Number for the day 13747

Trade This  [ - 13694-13716 - (Must touch) - 13865-13887(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 13807. 
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Update

Rail Budget Day today!

Wednesday, February 24, 2016

Update on Nifty Future

Resistances at 7088 and 7115 for Nifty Future, if some upmove comes.

Update on Nifty Future

Longs will have first hour low as S/L i.e. 7057 and trail it.

Update on Banknifty Future

Banknifty future will have strength above 13807 below 13748 it may go down towards 13460.

Update on Nifty Future

Break below 7052 will take Nifty down to 6980. and above 7068 Nifty will attempt pullback.

Update on Nifty Future

First hour low critical is that holds expect a pullback during the day!  Intraday strength above 7068.

Nifty and Banknifty Future Key Level(s) for 24th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7125

Trade This  [ - 7082-7095 - (Must touch) - 7131-7158 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7088. 
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Banknifty Future (Bias -Negative) - Key Number for the day 14033

Trade This  [ - 13914-13936 - (Must touch) - 14085-14107(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 13973. 
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Tuesday, February 23, 2016

Update on Nifty Future

Strength above 7141 only. 7115 should hold to prevent further falls.

Update on Nifty Spot

7125-7135 range Nifty likely to find support in worst case for Nifty Spot. EOD close below 7133 Spot will be bearish unless recaptured the next day.

Update on Nifty Future

7168 is key to more falls and intraday Buy above / Sell below level.

Update on Nifty Future

7216 will be strong resistance for the day.

Update on Nifty Future

Prices have reached buying zone 7170-7190, if 7168 (modified) holds expect pullback!  Strength sustaining above 7196.

Update on Nifty Future

7196-7206 Big Support Zone, if breaks below more weakness expected.

Monday, February 22, 2016

Update on Nifty Future

Now 7235 is the crucial number from here for expiry of Nifty Future.

Update on Nifty Future

Weak below 7244.

Update on Nifty Future

7257 plus more strength and 7270 vital for the week.

Update on Nifty Future

7231 plus sustaining strength.

Update on Nifty Future

7216 is key level intraday from here for Nifty Future.

Update on Nifty Future

Nifty weak below 7231 and may seek 7194-7204 zone.

Update on Nifty

Expect volatility for next 10-15 points.

Update on Banknifty Future

14456 Plus more Strength in Banknifty Future.

Update on Nifty Future

7232-7242 is the congestion resistance zone for Nifty Future.  Strength sustaining above 7244.

Nifty and Banknifty Future Key Level(s) for 22nd Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7199

Trade This  [ - 7167-7194 - (Must touch) - 7231-7257 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7220.

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Banknifty Future (Bias -Positive) - Key Number for the day 14264

Trade This  [ - 14262-14284 - (Must touch) - 14433-14456(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 14347. 
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Friday, February 19, 2016

Update on Nifty Spot

Nifty Spot Fighting for Monthly S1 at 7213.

Update on Nifty Future

7236 plus more bullish for the day else it may fall a bit.

Update on Nifty Future

7193 plus more strength.

Nifty and Banknifty Future Key Level(s) for 19th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7207

Weak Below / Strong Above 7172. 
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Banknifty Future (Bias -Negative) - Key Number for the day 14342

Weak Below / Strong Above 14267.
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Thursday, February 18, 2016

Update

Nifty is moving very swiftly. Quick decision making needed at appropriate levels to succeed.

Update on Nifty Spot

7120 Nifty Spot is weekly Pivot and support.

Update on Nifty Future

All targets done for the downside, now strength above 7166.

Update on Nifty Spot

Nifty Spot needs to close above 7213 for 2/3 days to get upward momentum.

Update on Nifty Future

Now weakness below 7166 only target 7135-7145.

Update on Nifty Future

Quickly sold off to expected support zone of 7150-7160.

Update on Nifty Future

7194 plus shorts risky and may be done only at higher levels near 7235-7250 levels with small S/L.

Update on Nifty Future

7150-7160 is key support to hold for Nifty Future for the day ( Upto EOD).

Update on Banknifty Future

Banknifty Intraday level revised to 14350 as Buy above / Sell below level.

Update on Nifty Future

7207 will be the Key. Nifty has getting overbought in Hourly Charts.  More weakness below 7194.

Nifty and Banknifty Future Key Level(s) for 18th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7207

Weak Below / Strong Above 7183. 

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Banknifty Future (Bias -Positive) - Key Number for the day 14534

Weak Below / Strong Above 14454. 

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Wednesday, February 17, 2016

Update on Nifty Future

7023 holding Nifty might look for more bounces.

Update on Nifty Future

Bounce has now been good for more than 60 points!  7053 -7061 is the big resistance and sell zone.

Update on Nifty Future

Some good bounce has already come upto 7010. 7023 plus more strength else sell off again!

Update on Nifty Future

6973-6985 Last Support for a bounce back and a low risk buy for a bounce level!  Strength above 7003.

Below 6973, 6928 is the next support.

Update on Nifty Future

Critical Support 7003-7023 for Nifty Future.

Update on Nifty Future and Banknifty Future

Revised intraday level is 7054 and 14044 for Banknifty.

Nifty and Banknifty Future Key Level(s) for 17th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7123

Weak Below / Strong Above 7099. 

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Banknifty Future (Bias -Positive) - Key Number for the day 14331

Weak Below / Strong Above 14238. 

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Tuesday, February 16, 2016

Update on Nifty Future

Must touch zone traded already! Nifty just touched  our Weak Below / Strong Above 7207 and fell.

Nifty and Banknifty Future Key Level(s) for 16th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7241

Trade This  [ - 7116-7143 - (Must touch) - 7180-7206 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7207. 
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Banknifty Future (Bias -Positive) - Key Number for the day 14581

Trade This  [ - 14334-14356 - (Must touch) - 14505-14528(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 14528. 
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Monday, February 15, 2016

Update on Nifty Spot

7121-7151 big support for Nifty Spot.

Update on Nifty Future

Weakness below 7172 touched the big resistance zone already i.e. 7172-7192 zone.

Update on Nifty Spot

If Nifty Spot is able to sustain and hold above 7151 the correction for the month may be over and an upmove may continue.  7151 Nifty Spot is the key for the Whole month.

Update on Nifty Future

Stay Short if Nifty Future can't scale 7139 well and in Banknifty Future if it can't scale 14376 well.

If 7139 is taken out next huge resistance for the day is 7172-7192 zone for Nifty Future.
If 14376 is taken out next huge resistance for the day is 14501-14550 zone.

Nifty and Banknifty Future Key Level(s) for 15th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7072

Weak Below / Strong Above 7065. 
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Banknifty Future (Bias -Negative) - Key Number for the day 14202

Weak Below / Strong Above 14102. 

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Friday, February 12, 2016

Update on Nifty Future

Bounce is now of more than 125 Points! All targets were done and got resisted at specified level.

Update on Nifty Future

Buying in the specified zone has given over 65 points. 
6948 key and 6961-6873 thereafter followed by 7995-7020.

Update on Nifty Future

6948 key now.

Update on Nifty Future

Strength above 6948 only and 6918 must hold.

Update on Nifty Future

Buy Closer to 6872 - 6896 Range for a bounce with 20 point S/L.

Update on Nifty Future

Prices Approaching the buy zone. Stay alert for a bounce.

Update on Nifty Future

6948 key now. If holds  bounce back else support near 6883-6898 level for a bounce.

Update on Nifty Future

Strength and buy above 6975.

Update on Nifty Future

Weak and sell below 7995.

Update on Nifty Future

Expect resistance near 7010-7030 range and at 7060-7070 level.

Update on Nifty and Banknifty Future

Mark 6961 level as key now and 13923 for Banknifty Future.

Update on Banknifty Future

13829-13839 Crucial for Banknifty Future for a bounce.

Update on Nifty Future

6948 key now. If holds some bounce back else support near 6883-6898 level for a bounce.

Update on Nifty Future

6974 Level will be the key level now i.e. Sell Below / Buy Above Level.

Update on Nifty Future

More strength above 7012. Weakness below 7003.

Update on Nifty Future

Part book now 7002.

Update on Nifty Future

6961-6975 zone Nifty Future may be bought with s/l NF sustaining below 6948 for 50 Plus points.

Nifty and Banknifty Future Key Level(s) for 12th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7003

Weak Below / Strong Above 7015. 

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Banknifty Future (Bias -Negative) - Key Number for the day 14043

Weak Below / Strong Above 14102. 

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Thursday, February 11, 2016

Update on Nifty and Banknifty Future

Nifty Future Downside targets and supports :
7153-7157
7135-7141

Banknifty Future Downside targets and supports :
14441-14470
14340-14384

Update on Banknifty Future

Intraday Weak Below / Strong Above is 14470 now.

Update on Nifty Future

Intraday Weak Below / Strong Above is 7190 now.

Nifty and Banknifty Future Key Level(s) for 11th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7215

Trade This  [ - 7202-7228 - (Must touch) - 7265-7292 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7229. 
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Banknifty Future (Bias -Negative) - Key Number for the day 14470

Trade This  [ - 14546-14569 - (Must touch) - 14718-14740(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 14546.
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Wednesday, February 10, 2016

Update on Nifty Future

7224-7244 Zone to offer support.

Update on Nifty Future

Caution if fails to sustain above 7293-7307 Level.  Again some selling will come.

Update on Nifty Future

now 7261 key.                                                                                                                                                                                                                                                                                                                                                                         

Update on Nifty Future

Nifty Future Long above / Short Below Level now for the day is 7224.

Update on Nifty Future and Banknifty Future

Further weakness for Nifty Future below 7190 and for Banknifty Future below 14587.

Update on Nifty Future

Above 7261 only more strength else Nifty Future remains vulnerable for one more low.

Update on Nifty Future

Weak below 7239 and one more lower low possible before a bounce back.

Update on Nifty Future

7224 big support for Nifty Future prices have bounced back sharply from there. Please buy Nifty Future for 7280-7300, if the day low holds.

Update on Nifty Future and Banknifty Future

Intraday Long Above / Short Below Level

For Nifty Future 7261

For Banknifty Future 14702.

Update on Nifty Spot

As mentioned in the morning 7210-7230 Strong Support Zone for Nifty Spot and Nifty spot has bounced off from that zone.

Update on Banknifty Future

Strength above 14823-14845  will determine the day else Banknifty Future shall seek lower levels.

Update on Nifty Future

Strength above 7280-7293  will determine the day else Nifty Future shall seek lower levels.

Nifty and Banknifty Future Key Level(s) for 10th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7235

Weak Below / Strong Above 7261. 
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Banknifty Future (Bias -Negative) - Key Number for the day 14702

Weak Below / Strong Above 14744. 

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Update on Nifty and Banknifty Spot

7210-7230 Strong Support Zone for Nifty Spot.   Closer to 7100 Huge support exists.

14720-14770 Strong Support Zone for Banknifty Spot.  Closer to 14350-14450 Huge support exists.

Tuesday, February 9, 2016

Update on Banknifty Future

14796-14823  and below which 14702-14732 good support.
14885-14918  and  above which 14975-15007 Strong Resistance.

Update on Nifty Future

7305-7314  and below which 7276-7298 good support.
7344-7354  and  above which 7370-7380 Strong Resistance.

Nifty and Banknifty Future Key Level(s) for 9th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7344

Weak Below / Strong Above 7311. 

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Banknifty Future (Bias -Negative) - Key Number for the day 14823

Weak Below / Strong Above 14709. 

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Monday, February 8, 2016

Update on Banknifty Future

Sustaining below 15351 Banknifty Future is a Sell with target support zone of 15253 and 15185-15212 level.

Update on Nifty Future

Sustaining below 7517 Nifty Future is a Sell with target support zone of 7486-7491 and 7465-7475.

Update on Banknifty Future

15315 is the key number for the day long above / short below level and key resistance 15355-15365 and 15185-15212 key support.

Update on Nifty Future

7508 is the key number for the day long above / short below level and key resistance 7526-7538 and 7486-7491 key support.

Nifty and Banknifty Future Key Level(s) for 8th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7467

Weak Below / Strong Above 7483. 

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Banknifty Future (Bias -Positive) - Key Number for the day 15113

Weak Below / Strong Above 15152.

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Friday, February 5, 2016

Update on Nifty Future

Happened as expected resisted @7517-7526 zone got supported @7485-7492 zone and now again bounced back to resistance zone. Resistance upto 7536/7538.

Update on Nifty Future

After clearing one resistance level has come straight to the other resistance level i.e 7517-7526 and got resisted. Now the previous resistance zone will act as an support i.e 7485-7492. Below 7517 selling pressure will be there.

Update on Nifty Future

7485-7492 key resistance zone, if Nifty fails it may be sold for 40-50 points.  7517-7526/7536 is the next resistance and sell zone.

Nifty and Banknifty Future Key Level(s) for 5th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7450

Weak Below / Strong Above 7431. 

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Banknifty Future (Bias -Negative) - Key Number for the day 15078

Weak Below / Strong Above 15007.

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Thursday, February 4, 2016

Update on Nifty Future

7411-7421 Some support available very weak below 7400.

Update on Nifty Future

Strength above 7459. Sell if 7459 fails to hold.

Update on Nifty Future

7435 Crucial for further upmove else sell into this rally.

Update on Nifty Future

Below 7400 Nifty Future will weaken for faster fall.

Update

Periodical profit booking and reselling at higher levels is the need of the hour.

Update on Banknifty Future

Banknifty remains a sell below 15011.

Update on Nifty Future

Below 7425 Nifty Needs to be sold and bought if recaptured!

Update on Nifty

Nifty might look to rally a bit today after initial pullback on back of oversold oscillators.  Please watch levels to trade.

Nifty and Banknifty Future Key Level(s) for 4th Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7435

Weak Below / Strong Above 7425. 

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Banknifty Future (Bias -Negative) - Key Number for the day 15080

Weak Below / Strong Above 15011. 

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Wednesday, February 3, 2016

Update

Banknifty looks like  on course for a new monthly low and  Nifty should follow suit and hence buying should be only for technical bounces and seeing level. Caution needed unless prices confirm end of down move!

Update on Nifty and Banknifty Future

7425 plus some strength and 15007 plus for Banknifty Future.

Update on Nifty

The derivative data is showing activity to break below 7400 for a new low.  7411 is the key for Nifty Future today and tomorrow.  Banknifty is anyway weaker.

Update on Nifty Future and Banknifty Future

Nifty Future buying may be attempted near 7340-7360 range or sustaining above 7411 else sell the rallies for 7340-60.

Banknifty may be bought near 14750 or if it maintains above 14890 and sell below 14890.

Nifty and Banknifty Future Key Level(s) for 3rd Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7425

Weak Below / Strong Above 7411. 

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Banknifty Future (Bias -Negative) - Key Number for the day 15007

Weak Below / Strong Above 14890. 

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Tuesday, February 2, 2016

Update on Nifty and Banknifty Future

Positional Longs should be worried only if Nifty Future breaks down below 7465 and Banknifty Future breaks down below  14890.

Update on Nifty Future

7565 is Long Above / Short below Level.

Update on Banknifty Future

Banknifty Future weaker below 15355.

Update on Banknifty Future

Banknifty Future may bounce bank holding  15438. More weakness only below that.

Update on Banknifty Future

15530-15565 huge resistance for Banknifty. Weak and sell below 15492.

Update on Nifty Future

If 7596 can be crossed Nifty will head towards 7626 as next resistance zone. Sell and weak below 7581.

Update on nifty Future

7575-7581 stiff resistance and sell zone. More strength above 7581 (Hold Longs above).

Update on Banknifty Future

Holding 15212 Banknifty Future remains safe from further downside and an upmove may start.

Update for Nifty Future

7530-7540 good buy Zone for Nifty Future for the day. Below this level no longs till this level is recaptured.

Monday, February 1, 2016

Update on Nifty Spot

c = a  equality near 7650 for Nifty Spot. 7675-7721 is the last unfilled gap area.

Update on Nifty Future

7618 key weekly resistance for Nifty Future. 

Nifty and Banknifty Future Key Level(s) for 1st Feb, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7575

Weak Below / Strong Above 7592. 

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Banknifty Future (Bias -Negative) - Key Number for the day 15530


Weak Below / Strong Above 15587. 
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