Nifty Trade at last session
Good Morning and Wish You a Happy Trading Session
….
From 14th September’s day high 11559 Nifty Future is correcting continuously. At three consecutive days downfall Nifty Future already lost 2.725% from last Friday’s high.
From 14th September’s day high 11559 Nifty Future is correcting continuously. At three consecutive days downfall Nifty Future already lost 2.725% from last Friday’s high.
At Wednesday’s session all possible bounce back was a trap, from
last three day writing don’t trapped at higher level.
Today’s Overview:
---14/09/2018
Today’s Overview:
“From any resistance a sharp correction is possible. Don’t be
trapped at higher level” ---17/09/2018
Today’s Overview:
“Any pull back is good opportunity to go short
(intraday).Below 11458 markets is week only” ----18/09/2018
Picture is clear to you, what is happening from last three days;
FII/FPI & DII trading
activity on NSE, BSE and MSEI
OWO! Only FII have sold 6450 Cr. against buy 4265.45
Cr. total sell amount /net trade value was -2184.55 Cr. at opposite DII have
tried to resists the fall by buying of 1201.3 Cr.
India VIX Snapshot
Opened at 14.4150 and made low at 11.7450 when Nifty Future was
reversing to 11373.90(day’s high). After that it jumps to above open price at
14.4775, when Nifty Future was melting down to 11244 slowly and steadily. We have to look at 10.7500, if break then
wait for more correction.
Opening above 11336 and smooth cross 11365 level then next hurdle for
Nifty Future is 11390, hard but not impossible resistance is 11417/418.
If Nifty Future fail to cross 11365 and start to melt down and
break 11289.57 then crucial support of the day is Wednesday’s low 11244. Below this
very strong support is 11204.
Today’s Overview:
If Nifty Future crosses 11365 within 1st hour of opening
then a bounce back possibility will generate. Be cautious and wait at side line
for fast half of session.
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