Thursday, April 12, 2018

Data Update!

Immediate Target and resistance for

Nifty Spot                  10440 / 10516-10529 ->  10343 must hold
Nifty Future              10465 / 10546-10559 ->  10364 must hold

Banknifty Spot         25191 / 25440-25479 ->  24879 must hold
Banknifty Future     25217 / 25468-25506  ->  24903 must hold

Other Targets later

Nifty Spot update EOD 11-4-2018

Nifty very overbought in Hourly and Daily and hence may remain in 150-200 point trading range for sometime before breaking out again.   The x-wave top of 10478.60 needs to be crossed once at least before 8 days maximum and moving above will bring in further highs.

Intraday 12-4-2018

Nifty Future (Bias - Positive) 


Weak Below / Strong Above 10439.  


Banknifty Future  (Bias - Positive)


Weak Below / Strong Above 25155.