Thursday, March 30, 2017

Hourly Chart of Nifty Spot EOD 30th March, 2017

3-4 days maximum left for e-leg of the diametric to complete.  Sustaining above 9228,  9283 and 9354 around are the next two targets.  Theafter a correction in the form of f-leg should come. Then again g-leg up. Maximum limit of the diametric to complete is around 9560. We already discussed the Major g-leg up of the higher level diametric is getting subdivided into a dimetric itself.   Incidentally a-leg of the higher level diametric was also a diametric!  Chart explains.


Update on Nifty Spot

9163 plus Eod closing is good for Nifty Spot.  As such still now uptrend is intact.

Update on Nifty and Banknifty Futures for intraday trading

Weakness below 9161 for Nifty Future and 21478 for Banknifty Future.

Support near 9137-9145 Nifty Future and 21393-21423 in Banknifty Future.

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

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

Trade This  [ 9098-9125 - (Must touch) - 9161-9188 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 9145.  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 21306-21329 - (Must touch) -  21478-21500 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 21408. 
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