Wednesday, May 24, 2017

Nifty Spot EOD 24th May, 2017

Chart is Self-explanatory!
If Nifty can save the retracement upto 9269-9272 in next 3 days the retracement may change to d-leg and the 2nd corrective converts to a diametric!

Update on Nifty Spot

Nifty Foxing enough and another for 3/4 days  it can  protect close below 9269-9272 another upmove can start as unfinished c leg. If we get the retracement below 9269-9272 then current move will be b-leg of the second corrective as posted on EOD 18th Mar, 2017.

Nifty and Banknifty Future Key Level(s) for 24th May, 2017

TRADE the Levels, Charts Can Adjust!
---------------------------------------------------------------------------------------------------------

Nifty Future (Bias - Negative) 

Trade This  [ 9345-9372 - (Must touch) - 9409-9435 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 9425 .  

---------------------------------------------------------------------------------------------------------

Banknifty Future (Bias - Negative) 

Trade This  [ - 22478-22500 - (Must touch) -  22649-22672 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 22622.  

---------------------------------------------------------------------------------------------------------