Monday, January 22, 2018

Nifty and Banknifty Spot update

10962 level will be crucial from here for Nifty Spot for the week.   Safe above it.

27063 level will be crucial from here for Banknifty Spot for the week.   Safe above it.

Nifty and Banknifty Future Key Level(s) for 22nd Jan 2018

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

Trade This  [ - 10856-10883 - (Must touch) -  10919-10946 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 10904.  

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Banknifty Future  (Bias - Positive)

Trade This  [ - 26799-26822 - (Must touch) - 26971-26993 (Must Touch) ++]  [May not touch if price exceeds boundaries and sustains]

Weak Below / Strong Above 26896.  

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Weekly Nifty looks stretched !

Nifty Weekly getting to overbought levels.  This week's to be made high and low will be crucial for some time.