Nifty Trade -25th August 2020

 

Hi Friends,

 

Good Evening,

Vital levels of coming trade at Nifty Future:

Vital support of Nifty Future is 11313;

And resistances are 11418/11422.

Once Nifty Future able to cross today’s high (11516.60),

Then may jump to touch 11550.85

 

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 Mantra – 15th June’20

Key Support-Resistance level of Nifty Future

First support of Nifty Future is 9865,

If Nifty Future takes bounce back from this level and cross Friday’s high (9982.15), then the index may run to touch 10037.

In case Nifty Future break 9811 and take support around 9795 then it will be clear indication of continuous corrections.

Crucial support of the week is 9025.45

Nifty Future – Coming resistance 9197

Key Support-Resistance level of Nifty Future

 

Possible resistance of Nifty Future is 9192//9197.

 

Before this inner resistances are 8990 and 9078///9084.

 

And inner supports are 8926/8924 and 8958.

If fails to cross 1st resistance (mentioned) and break 8811 (recent low) then the index may start to fall to touch 8562.

Nifty Future Tomorrow

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 9174.15 or 9181.15 (9180.25) or 9185.15

·        Above 9254.95 Nifty Future may jump to 9434.70.///9477.

·        Vital support is 9038;

Nifty Intraday Trading

This zig-zag up move may continue for some time, but wave structure showing that another round of panic may push the market more deep then expectation.

Therefore don’t be trapped at higher levels.

First resistance of the day is 9235.25;

Above this next resistance is 9319.50 or 9326.80.

         **************************************************************************

From any of the resistance an intraday correction of 548/550 points is quite possible.

Nifty Future Trend

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 12304---12305.75;

·        Above the mention hurdle next resistance is 12378.35.

·        Vital support of this expiry is 12452.

·        Intraday support is 12270.

·        Closing below this mentioned support level Nifty Future may take down to 12160—12152.50.

Nifty profitable call tomorrow

Vital Support and Resistance of Nifty Future:

Ø Vital resistance of Nifty Future is 12126/12127;

Ø Above this next resistance is 12187/12188

Ø From any mentioned resistance Nifty Future may take an intraday correction of 120 to 150 points.

Happy Muhurat Trading

Normal Market open-close: 18:15 - 19:15

v First resistance of the day is 11650.05 or 11659.15;

v Tough hurdle to cross is 11668.25;

v First support of the day may be 11561 (+/-3);

v Possible reversal points is 11490 or 11486, but this level is not for Diwali Muhurat Trading,

v Within 1 hour of trading this is not possible.

Nifty Future Bounce Back

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

o   If Nifty Future break 11575 (yesterday’s low), then next vital support is 11490.55;

o   Crucial support is 11466;

o   If Nifty Future cross 11832 then may try to touch 11891.25:

o   Rally may extend up to 11914…

Nifty n Reliance Tips

Good Evening and Wish You a Happy Trading Session Tomorrow ….

Market Outlook

My prediction about market was Bullish yesterday. Till I am bullish, but this up move will not be able to form new life time high.

From a certain high another round of Panic selling is possible.

Key Support-Resistance level of Nifty Future

o   Vital support of the day is 11553.60;

o   Vital resistance is 11715.50 or 11725.75;

o   From day’s high small correction of 120+ points is quite possible.

Reliance Industries:

Yesterday written about the resistance 1396, the stock made high 1399.

Now I am looking for 1503 in this up-move of the stock.

I am holding the stock from price 1123.75 (Swing Trading)

Nifty Trading View

Good Afternoon and Wish You a Happy Trading Session Tomorrow ….

Key Support-Resistance level of Nifty Future

Intraday View:

     First support of the day is 11337.75;

     Below this next support is 11218.90.

     Above yesterday’s high 11473.45, next resistance is 11531.65.

Weekly View:

·        If Nifty Future fail to sustain above 11113.75 (recent low), and start to trade below the level then next vital support are 11072 or 11067.75.

·        If Nifty Future takes support at 11067.7 and start to bounce back then a up move journey may pull Nifty Future 460+ points.

Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 11092 next support of the day is 11064/11062;

Crucial support is 10950;

Vital resistance zone of the day is 11211.50-----11222.90

Nifty Future Analysis

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Above 11380.60 tough hurdles to cross are 11397;

Below 11215.35 crucial support zone is 11197.50—11182.90;

Today’s Overview

From day’s high another round of panic selling may be start.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance is 11608.85; above this tough hurdle are 11684.75.

Crucial support of the day is 11512.85. Below 11467, just wait for sharp correction at Nifty Future.

Nifty Future Trade

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11592—11596.

Below 11514 next vital supports are 11460.50. Crucial support of Nifty Future is 11426.

But correction may continue. Any bounce back is good opportunity of create fresh short positions.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11796.50;

Below crucial support 11783.90 Nifty Future may take support at 11737.10.

Vital resistance of the day is 11840.95;

Above recent high 11916 the index can touch 11945---11975;

Nifty UPL Yesbank

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11719.Crucial support is 11702.75

If Nifty Future take bounce back from day’s low then vital resistance is 11916.15---11924.30.

UPL:

Yesterday written:

“Vital support is 933, if break this level then stock price may meltdown to 806—781 within few sessions.”

This stock made low 833. Just look at 812.50.

YES Bank:

Yesterday written about the support level 96, the stock made low 98.70 and reverse to 115.90.

Nifty- Reliance

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 12141.85 or 12148.20.

Vital support of the day is 11821---11815.

Today’s Overview:

From days high a sharp correction is quite possible.

Reliance:  

From couple of days writing about the vital resistance of Reliance Industries is 1363. Yesterday the stock made high 1367.

Now today if fail to cross the high then another round of panic selling may start.

Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Closing above 11479.60 (!) Nifty Future will try to touch 11877.80.

Very vital support of the day is 11240.65 or 11239.05.

Crucial support of coming two days is 11147.80.

Today’s Overview:

If fail to cross 11447; then another round of panic may start.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

If Nifty Future open below 11283 then may meltdown to 11178.50, closing below the level the index may take support at 11013.60 to form the bottom.

If Nifty Future open above 11288 and start to reverse then fi4rst hurdle would be 11384. If cross or close around 11598.20 (within 2 sessions) then it is good for Bulls.