Update on Nifty Future

Nifty Future has stiff resistance 9186 and 9192 and weekly close above 9192 may be considered strength.

Update on Nifty

Nifty future weakness may accelerate below 8168 otherwise may remain rangebound.

Update on Banknifty

Banknifty showing some weakness since yesterday. Banknifty future weakness may accelerate below 21170 otherwise may remain rangebound.

Update on Nifty Future

31st March, 2015 Top of 9191 has now been violated and is the crucial level to watch out for in next couple of days at this overbought Nifty level.

Nifty Spot 30 Min Chart as on EOD 16th Mar, 2017

The last g-leg of the diametric after completion of correction at 7894 in the form of Neutral triangle is going on. g-leg can take 6  - 13 days or more.  There may be a major correction or a minor x-wave correction after completion of g-leg and thereafter another leg to the current rally may emerge. Minimum target of this rally was 9560 with +/- 3% allowed variance. Holding 9000 around may take the rally to much bigger highes in future.

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

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

Trade This  [ 9131-9158 - (Must touch) - 9194-9221 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 9216.  

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Banknifty Future (Bias - Positive)

Trade This  [ - 21214-21236 - (Must touch) -  21385-21408 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 21347. 

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