Thursday, November 30, 2017

Nifty and Banknifty Future Key Level(s) for 30th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10316-10342 - (Must touch) -  10379-10406 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10316.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25719-25741 - (Must touch) - 25890-25912 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25730.  

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Wednesday, November 29, 2017

Nifty and Banknifty Future Key Level(s) for 29th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10333-10359 - (Must touch) -  10396-10423 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10395.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25842-25864 - (Must touch) - 26013-26036 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25910.  

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Tuesday, November 28, 2017

Nifty and Banknifty Future Key Level(s) for 28th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10374-10400 - (Must touch) -  10437-10464 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10404.  10429 is Day Shocker.  Day SAR is at 10275.  10365 (Sustaining Below / EOD close Below is the First S/L for Longs).

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25842-25864 - (Must touch) - 26013-26036 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25894.  

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Monday, November 27, 2017

Nifty and Banknifty Future Key Level(s) for 27th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10364-10391 - (Must touch) -  10428-10454 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10378.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25746-25768 - (Must touch) - 25917-25939 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25803.  

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Thursday, November 23, 2017

Nifty and Banknifty Future Key Level(s) for 23rd Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10313-10340 - (Must touch) -  10376-10403 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10368.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25696-25718 - (Must touch) - 25867-25889 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25824.  

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Wednesday, November 22, 2017

Nifty and Banknifty Future Key Level(s) for 22nd Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10307-10334 - (Must touch) -  10370-10397 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10383.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25722-25744 - (Must touch) - 25893-25916 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25868.  

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Tuesday, November 21, 2017

Nifty and Banknifty Future Key Level(s) for 21st Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10275-10302 - (Must touch) -  10338-10365 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10341.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25735-25744 - (Must touch) - 25906-25929 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25895.  

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Monday, November 20, 2017

Nifty and Banknifty Future Key Level(s) for 20th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10264-10291 - (Must touch) -  10327-10354 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10328.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25722-25744 - (Must touch) - 25893-25916 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25871 

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Sunday, November 19, 2017

Update on Nifty Spot

If Nifty Spot doesn't make a higher high above 10344.95 before 3 pm tomorrow we might be still in corrective b-leg of the first a-leg of up-move else c-leg up has started from 15th of Nov, 2017.  This the most likely scenario we are working with.

Friday, November 17, 2017

Update on Nifty Spot intraday 17-11-2017

If Nifty spot weakens from here and unable to take out 10345 the this rally was b-leg up of higher level b-leg which remains unfinished. If Nifty proceeds from here to new highs then larger c-leg up is going on.   Since Nifty is quiet overbought in Hourly there may be a possibility of a c-leg down within larger unfinished b-leg next week.  Now if Nifty spot takes out 10345 from here then we will be left with upward c-leg itself.  Let us see what market does?



Nifty and Banknifty Future Key Level(s) for 17th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10206-10233 - (Must touch) -  10269-10296 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10354.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25419-25441 - (Must touch) - 25590-25613 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25760.  

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Thursday, November 16, 2017

Nifty Spot Daily Chart - Neowave Count EOD 16-11-2017

We have completed b-leg and started c-leg of higher level C-leg or not will be confirmed in due course.  Nifty has pullback back to the resistance line 10230 around and next key resistance comes near 10350-10360 and above this probability of upside c-leg of major C-leg rises.


Nifty and Banknifty Future Key Level(s) for 16th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative) 

Trade This  [ - 10109-10136 - (Must touch) -  10173-10199 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10146.  

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Banknifty Future (Bias - Negative) 

Trade This  [ - 25221-25244 - (Must touch) - 25393-25415 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25336.  

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Wednesday, November 15, 2017

Nifty and Banknifty Future Key Level(s) for 15th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative) 

Trade This  [ - 10189-10215 - (Must touch) -  10252-10279 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10216.  

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Banknifty Future (Bias - Negative) 

Trade This  [ - 25304-25326 - (Must touch) - 25476-25498(Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25326.  

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Tuesday, November 14, 2017

Nifty and Banknifty Future Key Level(s) for 14th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative) 

Trade This  [ - 10224-10251 - (Must touch) -  10288-10314 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10244.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25366-25389 - (Must touch) - 25538-25560 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25468.  

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Monday, November 13, 2017

Nifty and Banknifty Future Key Level(s) for 13th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative) 

Trade This  [ - 10289-10316 - (Must touch) -  10352-10379 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10331.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25398-25421 - (Must touch) - 25570-25592 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25484.  

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Friday, November 10, 2017

Nifty and Banknifty Future Key Level(s) for 10th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative)

Trade This  [ - 10317-10344 - (Must touch) -  10380-10407 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10325.  

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Banknifty Future (Bias - Negative) 

Trade This  [ - 25323-25345 - (Must touch) - 25494-25516 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25300.  

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Thursday, November 9, 2017

Nifty and Banknifty Future Key Level(s) for 9th Nov, 2017

TRADE the Levels, Charts Can Adjust!

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Nifty Future (Bias - Negative) 

Trade This  [ - 10310-10337 - (Must touch) -  10373-10400 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10380.  

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Banknifty Future (Bias - Negative) 

Trade This  [ - 25202-25224 - (Must touch) - 25373-25396 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25425.  

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Wednesday, November 8, 2017

Nifty and Banknifty Future Key Level(s) for 8th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative) 

Trade This  [ - 10365-10392 - (Must touch) -  10428-10455 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10406.  

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Banknifty Future (Bias - Negative) 

Trade This  [ - 25300-25322 - (Must touch) - 25471-25494 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25408.  25716 is Day Shocker.  Day SAR is at 24801.  25366 (Sustaining Below / EOD close Below is the First S/L for Longs).

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Tuesday, November 7, 2017

Nifty Spot Update

This was posted on 1st Nov, 2017 

10470-10484 should give some difficult time to cross and some selling may come from this Zone. 

Strong support/resistance (if goes below) near 10410 for Nifty Spot for the month.

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The Zone is becoming difficult for Nifty as of  now and  a price / time correction is probably round the corner or have started !   We will consider this as the b-leg of the ongoing larger c-leg that started from 9687.55.  Unless that get's retraced in faster time we will consider the same count only.  Next week one more high will come or not we have to see.



Monday, November 6, 2017

Nifty and Banknifty Future Key Level(s) for 6th Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10442-10469 - (Must touch) -  10505-10532 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10434.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25572-25594 - (Must touch) - 25743-25766 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25540.  

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Friday, November 3, 2017

Nifty Update

Nifty with heavy Open Interest built up is buy on dips and sell on rallies with a positive bias.

This was posted on 1st Nov, 2017 

10470-10484 should give some difficult time to cross and some selling may come from this Zone. 

Strong support/resistance (if goes below) near 10410 for Nifty Spot for the month.


Nifty and Banknifty Future Key Level(s) for 3rd Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10410-10437 - (Must touch) -  10473-10500 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10465.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25372-25394 - (Must touch) - 25543-25565 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25441.  

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Thursday, November 2, 2017

Nifty and Banknifty Future Key Level(s) for 2nd Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10432-10459 - (Must touch) -  10496-10522 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10477.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 25433-25456 - (Must touch) - 25605-25627 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25497.  

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Wednesday, November 1, 2017

Update on Nifty Spot

Nifty is approaching important resistance level overbought in hourly and daily! 

10470-10484 should give some difficult time to cross and some selling may come from this Zone. 

Strong support/resistance (if goes below) near 10410 for Nifty Spot for the month.



Nifty and Banknifty Future Key Level(s) for 1st Nov, 2017

TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Positive) 

Trade This  [ - 10324-10350 - (Must touch) -  10387-10414 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10388.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 24961-24983 - (Must touch) - 25132-25154 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 25123.  

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