Thursday, February 1, 2018
Update on Nifty Spot
Under the changed circumstances Nifty would have issues to short out. g-leg up may not give as many points expected and might end in a failure as well. We might be in for a correction for 30 days thereafter. Let's spend the time due for now till correction.
Update on Nifty Spot
The previous correcting legs got 5/6 days and we finished about 2 days yesterday. So there is a possibility that correction may not be over and we are going up for smaller level b-leg within lower level e-leg earlier. Let's see how it works out.
Nifty and Banknifty Future Key Level(s) for 1st Feb, 2018
TRADE the Levels, Charts Can Adjust!
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Nifty Future (Bias - Negative)
Trade This [ - 11010-11037 - (Must touch) - 11074-11100 (Must Touch) ++] [May not touch if price exceeds boundaries and sustains]
Weak Below / Strong Above 11083.
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Banknifty Future (Bias - Negative)
Trade This [ - 27369-27391 - (Must touch) - 27540-27562 (Must Touch) ++] [May not touch if price exceeds boundaries and sustains]
Weak Below / Strong Above 27545.
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Trade This [ - 11010-11037 - (Must touch) - 11074-11100 (Must Touch) ++] [May not touch if price exceeds boundaries and sustains]
Weak Below / Strong Above 11083.
---------------------------------------------------------------------------------------------------------
Banknifty Future (Bias - Negative)
Trade This [ - 27369-27391 - (Must touch) - 27540-27562 (Must Touch) ++] [May not touch if price exceeds boundaries and sustains]
Weak Below / Strong Above 27545.
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