Friday, March 18, 2016

My Trade

Weekend risks should be avoided in principle though it might give you an opportunity loss.

Update on Nifty Spot

Nifty seems to be in a hurry and has done the faster retracement today itself!

Update on Nifty Spot

7578 is Month 5 ema an attempt to close above it towards day end isn't ruled out. 7549 is 7 Dma a minimum close above it is expected.

Update on Nifty Spot

Within Tuesday (Preferably by Monday itself) Nifty Spot must cross 7600.45 then only faster retracement will take place and Nifty will be able to move up further.  Otherwise Nifty will fall back towards lower levels.

Update on Nifty Future

Strength above 7558 and key resistance at 7578.

Nifty and Banknifty Future Key Level(s) for 18th March, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7547

Weak Below / Strong Above 7526. 
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Banknifty Future (Bias -Positive) - Key Number for the day 15665

Weak Below / Strong Above 15549. 
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