Wednesday, January 20, 2016

Update on Nifty Spot

Below 7240-7260 fall may accelerate to 6900-7100 Levels unless recovered. 

Update on Nifty Spot

Nifty Spot may find short term bottom near 7240-7260 which is really exceptional support zone.

Heavy call writing at 7300/7400 levels. We don't wish to catch the bottom unless it happens.

Update on Nifty Future

7265-7280-7295 Zone (Support) may be targeted today by EOD.  Unless prices survives above 7323.

However all rallies towards 7344 must br sold till nifty future finds strength above 7350.

Update on Nifty

Again trend followers who shorted yesterday's rally have been rewarded well.

Nifty and Banknifty Future Key Level(s) for 20th Jan, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7393

Weak Below / Strong Above 7364. 
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Banknifty Future (Bias -Negative) - Key Number for the day 15176

Weak Below / Strong Above 15029.
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