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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