Update on Banknifty Future

Banknifty is catching up now!

Update on Nifty and Banknifty Future

It seems conflicting signals is there till now! Nifty Suggesting buy and Banknifty suggesting sell.

Update on Banknifty Future

If Banknifty Future Closes below 15370 and /or Banknifty Spot closes below 15365 exit longs and wait for Tuesday. Even one can attempt to short Banknifty in such case.

Update on Nifty Future

If Nifty Future Closes below 7454 and /or Nifty Spot closes below 7467 exit longs and wait for Tuesday. Even one can attempt to short Nifty in such case.

Update on Nifty Future

It is amply clear which direction Nifty is heading and Nifty is also maintaining the Higher High and Higher Low setup. Monday being holiday one may think if they want to continue their longs else longs look very safe.

Update on Nifty Future and Banknifty Future

Nifty Future completes the range trade!  Same for Banknifty Future!

Stalemate in Nifty Future

Now we are struck between Hourly Sell on Rise and Daily Buy on Dips.  Watch out 7405 on the downside and 7454 on the upside to see who wins!

Update on Nifty Future

No shorts above 7454!

Update on Nifty Future

Unless 7442-7452 zone is taken out these are sell on rise opportunities.  
7405 honoured initially as suggested!!

Update on Nifty Future

No Longs sustaining below 7405 else buy on dips closer to 7405.  If 7405 is broken and maintained hold shorts.

Expected correction happened!   

Update on Nifty

Extremely overbought some sharp reaction / dips is possible after gap up only may be to recover at the end of the day or nothing may happen as well!

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

TRADE the Levels, Charts Can Adjust.
---------------------------------------------------------------------------------------------------------

Nifty Future (Bias -Positive) -  Key Number for the day 7473

Trade This  [ - 7402-7430 - (Must touch) - 7468-7497 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7454. 

---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias -Positive) - Key Number for the day 15315

Trade This  [ - 15051-15074 - (Must touch) - 15223-15245(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 15253.

---------------------------------------------------------------------------------------------------------