Monday, March 21, 2016

Update on Banknifty Future

Weakness for the week below 15881 only for now.

Update on Nifty Future

Weakness for the week below 7693 only for now.

Update on Nifty Future

Holding 7693, 7742 is the next target for Nifty Future!

Update on Nifty Future

More strength above 7669.

Update on Nifty Future

Strength above 7650.

Update on Nifty Future

Target1 - 7637 done on the downside.

Update on Nifty Future

Nifty is refusing to weaken below 7550 yet!

Update on Nifty Future (Revised)

Below 7650  Target1 - 7637, Target2 - 7624  Target3 - 7608 S/L 7668
Nifty may reverse from any one of the levels too.

Update on Nifty Future

Weakness begins below 7650 for Nifty Future and strength above 7669.

Update on Nifty Spot

Long Weekend and positive trend (though getting overbought by each passing day), Nifty might tend to move up a bit more.  7662 / 7677 / 7719 and 7749 are the Key resistance points for the week for Nifty Spot.

Update on Nifty Future

15846-15945 zone Banknifty Future will feel Strong Resistance.

Update on Nifty Future

Sustaining above 7669 Nifty Future may even attempt 7693-7707 during the course of the day and from there some selling is expected for sure.  

Update on Nifty Future

7654-7670 is Stiff Resistance / Sell Zone, if  Nifty is able to trade above 7650.

Update on Nifty Future

7637 is the level to short when Nifty moves above it and falls through.
No Shorts above 7650 (if Nifty sustains above for 20 Mins) .

Nifty and Banknifty Future Key Level(s) for 21st March, 2016

TRADE the Levels, Charts Can Adjust.
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Nifty Future (Bias -Positive) -  Key Number for the day 7597

Weak Below / Strong Above 7624. 
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Banknifty Future (Bias -Positive) - Key Number for the day 15591

Weak Below / Strong Above 15670. 
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