Friday, April 27, 2018

Nifty Spot Update

Close and sustaining above 10706 61.8% retracement level will give next target of 10880-10930. Faster retracement of entire fall will be treated as fresh up-move else the present one is a corrective rise.

Intraday 27-4-2018

Nifty Future (Bias - Positive)


Weak Below / Strong Above 10672.  


Banknifty Future  (Bias - Negative


Weak Below / Strong Above 25147.  

Update On Nifty Spot Eod 26-4-2018

We are beginning a new series!  Nifty Spot looks poised to hold 10500-10550 zone comfortably and move up further.  The only issue has been the trading has been difficult. The 40/43 day fall if retraced in faster time this one is a new up-move else this up-move is a corrective one and 10880 is almost given in any case down the line unless some major negative event comes up!