Friday, January 22, 2016

Update on Nifty Future

7417 crucial.

Update on Nifty Future

Sell sustaining below 7393 only for 7355-7365 zone. 
Otherwise sell 8420-8430 range for 7380 with S/l above 7436.

Update on Nifty Spot

Nifty spot has broken out of falling wedge and hence if  the breakout is true 7600 may be seen in 5 days from today.

Update on Nifty Future

7372-7382 Strong Resistance Zone.   Signs of bottoming out emerging in Nifty.  Stronger resistance upto 7393. 7393 plus sustaining will bring more.

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

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Negative) -  Key Number for the day 7332

Weak Below / Strong Above 7354. 
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Banknifty Future (Bias -Negative) - Key Number for the day 15257+

Weak Below / Strong Above 15304. 

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