Friday, September 14, 2018

Nifty Spot EOD 14-9-2018 Analysis

11533 Plus Nifty Spot has a resistance near 11561 and thereafter 11652.  After a set of bigger falls, one bigger rise has happened of 273.05 points till now. We gave our initial Target as 11651-11668. Now, this up-move can go down and cover the gap again as well next week so remain cautious unless 11561 is not taken out.


Update on Nifty Spot

Can book profit and avoid weekend carry forward with such a big unfilled gap below.

Update on Nifty

Positional Longs were given yesterday with targets and intraday corrections can come.

Update

Stay cautious as some selling may come on the Indexes in the 2nd half.

Intraday 14-9-2018

Nifty Future (Bias - Negative) 



Weak Below / Strong Above 11461. 



Banknifty Future  (Bias - Negative) 



Weak Below / Strong Above 27114.