Nifty Trading – 2nd Sep’ 2020

 

Hi Friends,

 

Good Morning,

Very vital resistance of the day is 11647.35 OR 11658.55;

(At opening vital support is 11422.60).

 

If fail to cross this level (mentioned resistance), Nifty Future may correct to 11481.60……11368.30

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

Nifty Future -28th August 2020

 

Hi Friends,

 

Good Morning,

Vital levels of coming trade at Nifty Future:

Vital support of Nifty Future is 11529.75/11525.20;

Crucial support of coming 3 day’s is 11482.70/11476.75.

First resistance is 11529.25;

Very TOUGH HURDEL is 11676.95…… (I am not changing the view about this level, I am confirming about the hurdle, but it will take some more days.)

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

Nifty oi intraday chart

 

This is possible momentum of price of Nifty Future, if volume support then possibly Nifty Future's coming support - resistance may be this levels.

Nifty Future Mantra – 5th August’ 20

·        Open “WhatsApp” at your cell phone.

·        Type “Market Is On” and send at: 9163743807

·        Your registration is complete.

 

·        Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

·        It is Free.

 

Nifty Future Mantra – 3rd August’ 20

·        Today’s  High-Low (possible) of  Nifty Future will be updated around 09:10 am on “Market Is On”

 

 

·        Join WhatsApp Group –“Market Is On” at: 9163743807

 

·        You will get very accurate reverse level of Nifty Future (intraday and short term).

 

·        Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

·        NB: Existing Clients have no necessity to re-register.

 

·        It is Free.

Nifty Future Mantra – 29th July’ 20

·        Join WhatsApp Group –“Market Is On” at: 9163743807

 

·        You will get very accurate reverse level of Nifty Future (intraday and short term).

 

·        Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

·        NB: Existing Clients have no necessity to re-register.

 

·        It is Free.

 

Nifty Future Mantra – 14th July’ 20

Why you should Join WhatsApp Group –“Market Is On” at: 9163743807 ?

 

You will get very accurate reverse level of Nifty Future (intraday and short term).

 

Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

NB: Existing Clients have no necessity to re-register.

Nifty Future Mantra – 9th July’ 20

Why you should Join WhatsApp Group –“Market Is On” at: 9163743807 ?

 

You will get very accurate reverse level of Nifty Future (intraday and short term).

 

Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

NB: Existing Clients have no necessity to re-register.

Nifty Future Mantra – 2nd July’ 20

Why you should Join WhatsApp Group –“Market Is On” at: 9163743807 ?

You will get very accurate reverse level of Nifty Future (intraday and short term).

Once you register with your name and contact number, you will get daily Market view around 09:10 am without any cost.

 

NB: Existing Clients have no necessity to re-register.

Nifty Future Mantra – 29th June’20

From life-time high 12419.20 Nifty Future has corrected 4893.2 points (@7526). From this level the index already bounces back 0.615 (0.618%).

All of you know 0.618 is golden ratio of Fibonacci retracement. From this level a correction (small) is healthy for Market.

 

To know tomorrow’s view and exact turning level:

 

Join WhatsApp Group –“Market Is On” at: 9163743807.

 

Once you register with your name and contact number, you will get daily Market view around 09:10 am without any cost.

 

NB: Existing Clients have no necessity to re-register.

Nifty Future Mantra – 17th June’20

Vital resistance of Nifty Future is 9930 OR 9976.

Tough hurdle to cross is 10012.80

First support of the day is 9525

Crucial support of the week is 9088.95

Nifty Future Mantra – 8th June’20

There is a myth that if price increasing – OI decreasing - Volume decreasing then it is “Weak trend/Short covering Rally”

But a short covering rally never be an Impulsive wave.

 

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 10242,

 Next resistance is 10346 (SGX Nifty already made high 10349).

 Vital resistance is 10454.05

 First support of the day is 10248.05.

Nifty Future Mantra – 5th June’20

Key Support-Resistance level of Nifty Future

Vital support of Nifty Future is 9959/9957;

First resistance of the day is 10083/10086.

 Above the mentioned hurdle Nifty Future may try to touch 10121----10184.

Nifty Future Mantra – 1st June’20

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 9584 OR 9586;

 

Very tough hurdle to cross is 9631.85,

 

First support is 9334.

Nifty Future – Reverse from Day’s Low

Key Support-Resistance level of Nifty Future

 

 

§  Above 9680 vital resistance of Nifty Future is 9906 to 9915.

 

§  Vital support zone of the day is 9238 or 9233.50

Nifty Future – Another round of PANIC soon

Key Support-Resistance level of Nifty Future

 

 

§  First resistance of the day is 9396.95 or 9401.95.

 

§  If Nifty Future able to cross the mentioned level then may go maximum to 9459;

 

§  First support of Nifty Future is 9213.

 

§  Closing below 9125 Nifty Future will touch 8691.15 within the week.

Nifty Reversal Point

Market-Fall-and-Reverse

Good Morning and Wish You a Happy Trading Session ….

After negative opening Nifty Future continue down flow till mid session. Forming day’s low at 10073 the index reverse to 10175 (day’s high).

From 11793 (life time high, made on 31 August’18) Nifty Future already corrected 14.58% (1720 points).

Now question arise, what will be the reversal point of Nifty Future. From which support level it may take reverse.

FII/FPI & DII trading activity on NSE, BSE and MSEI

Although yesterday’s net trade value (sell) was lower than previous day, but as usual Foreign Institutional Investors net sold -1495.71 Cr

 Domestic Institutional Investors have sold 7471.05 Cr. Against buy of 7810.65 Cr.

Last-Two-Day-Performance

India VIX Snapshot

At last session of October expiry India VIX made high 20.3300, and low was 18.8800, the index increased by 2.27% than previous session.

Today if fail to cross yesterday’s high then it will be the provider of strength to start a relief rally.

OI at Option Trading

Strike price of most active Nifty CALL was 10300, OI was 33, 19,275.

But most active PUT was 10000, and open interest was 45, 00,000. From last few sessions most active put option is 10,000. And Nifty Future yesterday made low 10073.

From 10200 to 10300 strikes (any resistance level, I have mentioned) Nifty Future may start melting. But 10000 level is acting as good support.

Key Support-Resistance level of Nifty Future

Above yesterday’s high (10175) next resistance is 10197. Vital resistance of the day is 10248. If Nifty Future crosses 10284 with volume, then it may touch 10319.90.

Vital support of the day is 10023.

If Nifty Future break 9958.75, then it may take vital support at 9848--9845.95--9843.

Today’s Overview:

If volume support then Nifty Future may form bottom today (for the time being). A reverse rally is on card.

From any resistance a small intraday correction is possible. From support level a relief rally may start.

Nifty Trade Today

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After Wednesday’s last hour move and Friday’s steady up move Nifty Future able to recover 2.319% from 11297 to 11559. I have written at last two days ---“this up move may be a turning points” --: “from any resistance level a sharp correction is possible, don’t trapped at higher level”

Bear play

Just look what happened, just look what happened, and within one trading day Nifty Future melts down from 11559 to 11392.yesterday Nifty Future never tried to take a bounce back, always move was ready to sleep below.

Yesterday Foreign Institutional Investors’ (FII) net trade value was -106.54 Cr. and Domestic Institutional Investor’s (DII) net trade value was -180.36 Cr. both intuitions were on sell side.

India VIX jump from 11.7300 to 14.6350, and was the strength provider to correct the market. Today above 14.7800 and stay above then correction may be steadier.

Key Support-Resistance level of Nifty Future

Below yesterday’s low 11372 Nifty Future may take next support at 11342, Single closing below 11325 may drag Nifty Future to 11224.

A bounce back from any support level may pull Nifty Future to 11392/11396, above this 11422/11427.

Today’s Overview:

Any pull back is good opportunity to go short (intraday).Below 11458 markets is week only.

Trade 17 Sep'2018

Trade of 17^th September’2018:

Positional traders (Clients) are holding Nifty Future short positions from 11445.60 with SL their entry.

Risk n Reward ratio

Nifty Today

Good Morning and Wish You a Happy Trading Session ….

On Friday Nifty Future made new lifetime high 11312.85, when every new Top formed a question always arises at mind that it is the final TOP for the time being?

Already written on Friday that last one month (bottomed 10556.95 dated 28.06.2018) and last 20 day’s (bottomed 10942 19.07.2018) analysis showing that we are near of the TOP for the time being....

Today above 11344.75 Nifty Future will run to touch 11375.82.....

And below 110263 vital support 11201.75.....

Kolkata, Monday  30^th July’2018, 08: 30 am