Wednesday, January 6, 2016

Update on Nifty

Nifty OS and positive divergence in Hourly. Careful with Shorts.

Update on Nifty Future

Strength Above 7803.

Nifty and Banknifty Future Key Level(s) for 6th Jan, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7827

Trade This  [ - 7758-7785 - (Must touch) - 7821-7848(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7814. 7851 is Day Shocker.  Day SAR is at 7862.  7867(Sustaining Above)/ EOD close Above is First S/L for Shorts.
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Banknifty Future (Bias -Negative) - Key Number for the day 16694

Trade This  [ - 16483-16505 - (Must touch) - 16654-16677(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 16663. 16694 is Day Shocker.  Day SAR is at 16765. 16785(Sustaining Above)/ EOD close Above is First S/L for Shorts.
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