Update on Nifty Spot

Nifty spot got support  near 9460 as expected and pulling back from oversold conditions.  The key number is 9516 from now onwards and upside 9610 plus.

Banknifty key number 23244 and 23300 plus on the upside.

Nifty Spot Update at 11 AM 27th June, 2017

It seems we have topped out in the short term and the pattern from 9088.75 or 7398.8 is complete. We will find out soon! Final confirmation of breakdown of b-d line is due which is around 9460  today.  Sell on Rallies now onwards till this downward pattern ends (small confirmation is due though).

Update on Nifty and Banknifty Future

23330 For BNF and 9527 for NF Crucial today.

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

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

Trade This  [ 9545-9572 - (Must touch) -  9608-9635 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 9633 .  

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Banknifty Future (Bias - Positive) 

Trade This  [ - 23449-23472 - (Must touch) -  23621-23643 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 23728.  

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Pattern S/L Triggered

Banknifty Bullish Pattern S/L triggered.

Update on Nifty and Banknifty

High Volatility expected this week hence one should be very cautious and strictly trade with levels and S/L's. 

Week End with Month End

This Week end is also Month end and 1st July, 2017  is is GST implementation.  Banknifty and Nifty both oversold on lower timeframe charts. Banknifty has formed a bullish 3-drives and in the process of forming the last d-leg up of a bearish ABCD.  Nifty is on a double bottom. The entire set up looks bullish for the Week.