Tuesday, March 8, 2016

Update on Nifty Future

7451 plus Nifty Future Stronger for the week.  In other words below 7451 Nifty Future will continue to be weak during the week.

Update on Nifty Future

Holding above 7419 bounceback may continue.

Update on Nifty Future

Below 7393 fall may accelerate Target 7342-49 / 7319.

Update on Nifty Future

Holding below 7479 might force Nifty future to seek levels near 7393-7415.

Staying above 7479 Nifty Future is likely to attempt 7526-7538.

Update on Banknifty Future

Banknifty Future weak below 15232.

Update on Nifty Future

Strength above 7479 Nifty Future.

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

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7508

Trade This  [ - 7413-7442 - (Must touch) - 7479-7508 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 7496. 

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Banknifty Future (Bias -Positive) - Key Number for the day 15429

Trade This  [ - 15232-15254 - (Must touch) - 15403-15425(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 15402.
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Update on Nifty Spot

7555-7580 Huge resistance for Nifty Spot. Very high open interest will not make life easy for Nifty to move past this zone easily.