Nifty – Sharp Range-bound Move

Key Support-Resistance level of Nifty Future

§  Vital support of the day is 9155;

§  First resistance of the day is 9330.

§  Crucial support is 9064;

§  If Nifty Future take support at last mentioned level, then may take a bounce back of 550+ points.

Nifty Intraday Trade

Key Support-Resistance level of Nifty Future

·        Vital resistance of the day is 9244.15.

·        Above 9278.85 don’t remain short positions.

·        Above recent high vital resistance is 9561/9598.

·        First support of Nifty Future is 8960.90.

·        Below 8823.65 Nifty Future may take support at 8719.50---8675---8630.

·        Crucial support of the week is 8340.65.

Nifty Trade Mantra

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  Vital support is 12023.50;

§  First resistance of the day is 12199.80.

§  Above this tough hurdle is 12215.

§  Nifty Future may touch 11667.20 within this week.

06:56 pm, 6^th January, 2020

Nifty Future Intraday Call

Key Support-Resistance level of Nifty Future

·        Above 12298--12300 immediate resistances is 12309.20 or 12312.25.

·        Tough hurdle is 12319 or 12329.

·        Vital support of the day is 12228.50.

·        Steadily Nifty Future is going near of its top for the time being. Therefore don’t be trapped at higher level.

Nifty New Life Time High

Key Support-Resistance level of Nifty Future

  

·        As expected Nifty Future made new high 12200,

·        Now next resistance is 12282.50;

·        From 1^st mentioned resistance if Nifty Future take a small correction of 75 to 80 points, it will be a great buying opportunity.

·        Above this vital resistance of Nifty Future is 12309.20 or 12312.25;

Nifty Future Intraday

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Above 11751.65 next vital resistance of Nifty Future are 11819.95.

Below 11703/11701 vital support of the day is 11670/11665.

Today’s Overview:

Below 11820 this correction may continue.

Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….


Behind of Friday’s sharp bounce back of Nifty Future there is several reasons, one of them is HDFC Bank Ltd increased by 1.29% from previous day’s low and Reliance Industries Ltd. Increased by 1.66% from previous days’ low, as this two stocks are the most WEIGHTAGE holder of Nifty 50 (9.43% and 9.34% respectively).

Up moving

Intraday Trade of Nifty Future

On 9^th August’2018 Nifty Future made high 11504.20, after two days correction it made low 11354, from there start a recover move, on Friday made high 11507.45, a new lifetime high.

 Buy value of Foreign Institutional Investors was greater then Sell value by 147.31 Crore, you can  treat it as a sign of up move.

Because for last four days FIIs was at only sell side, and the total sell value was 2686.44 Crore in this days, same as Domestic Institutional Investors. Buy value was > then Sell value by 151.89 Crore.

What to be today?

Nifty Future may open with a positive note, and may face resistance around 11518 or 11528, from any point may take a 20 to 25 points of correction, don’t’ panic overall,

Team work

After that vital resistances are 11548 and 11560, (not 11548 to 11560), From day’s high correction of average 130+ points not be overruled. This is completely intraday scenario.

To form overall TOP for the time beings Nifty Future will take total 2 more corrections of about 130+ points. This is not the time to go for positional short. Wait for exact top.

Lost 61 points for 0.80 points

Nifty Future Intraday Call missed:

SMS sheet

Quote

09:21 am: updated to Buy NF @11356 SL 11354.85 Target 11417

09:47 am: NF made low 11354.05 and reverse to 11427.70

Nifty Future Trading Today

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Thursday among Nifty 50 stocks – Axisbank, ICICI Bank, Hindalco, SBIN and Vedanta Limited was the top gainer, and out of this f stock 3 stocks below from bank sector.

BSE  Sensex close above 38,000 for first time, up by 137 points at 38,024.

Predicting downfall

According National Stock Exchange today (10^th Augut’2018) following securities in ban for trade: 1.Adani Enterprises Limited. 2. Adani Power and 3. PNB.

Yesterday FII total activity- buy net value 370.68 corer and DII net trade -85.39 corers, that means DII just start to off load ? Let see today’s activity.

  

Intraday Trade of Nifty Future

Overall scenario shows that Market is in overbought condition, investors should be cautious, 

profit

Trading Tips Intraday Nifty Future

Yesterday written that Nifty Future is moving zig-zag, like the spike of a wood-cutter fro couple of days. Last trading session was not an exception.

At opening Nifty Future made high 11498 then melt down to 11467, from this level take a bounce back to 11504.70, we have predicted 11506.

predicted yesterday

Within the first half of the trading session Nifty Future may face vital resistance at 11532… if cross the level with volume then next tough hurdle may be 11553……

But be cautious at higher level, from day’s high around 65+points Intraday correction may take place.

First support of the day may be 10505.70 to 11500, below this vital support is 11481, crucial support is 11466.

Is today’s crucial support is going to be the turning point of next up move? Of will break it to melt down near 11376 (recent vital low)……Let see…

 To download the app of “A1 nifty tips” please click the app for the step guide

App

Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday top gainer of the day was Tatasteel, Titan, Asianpaints, and among the top losers was Coalindia, BPCL, Cipla. From the begening of this year 2018 the rally support a clear Bull move (not Bull run) and going to cover 1000 points of rally at this month from January 2018, and the most contributed stock is Reliance Industries. I have written yesterday about the stock.

moving up and down

Intraday Trade of Nifty Future

Although yesterday Nifty Future made open with a positive mode, open at 10432.25  run to touch previous high, but failed a and after touching 11445..05start to melt down to form day’s low 11376. if you study last two week’s turnover/contract your will found last two days market was lower the average to last 15 trading days.

Now What?

predicting

Within one hour of opening if Nifty Future fail to cross recent high (life time high )11447 and start to melt down below 11376 yesterday’s low, then may take support at 11357….Don’t’ PANIC at lower level, this is a normal correction, If melt down below 11195 then Bulls start to hold you BP,
After forming fist half’s low Nifty Future will run to form a new high 10490.10//10497.60……keep in mind one thing whenever Nifty Future /any numerical figure may touch a new high or low at that points they are not be stable…from high try to come down, from low to up.