Trade setup today

Trade setup today: As expected, opening was in red.

From very opening Nifty Future has corrected slow but steadily.

The index made intraday bottom below 245 points of previous day’s high.

And bounce back approximately 50% of the fall.

 

Now we have to be preparing for tomorrow’s trade.

When writing this post (12:35 am) SGX Nifty October series made high 11358.

What should be the day’s high and low is very vital to know before performing a good trade.

 

Today at last half I have updated at every social media that Nifty Future going to made high 11324.

Last minutes of trading the index made high 11324.

Very vital resistance is 11354.

Today, if Nifty Future fail to cross yesterday’s high (11324).

Then first support may be 11135.

Below this 11072 is crucial support for the day.

Any bounce back between the zones is good opportunity to go fresh short positions.

I have updated a picture to clear everything.

 

 

Nifty Future Mantra – 6th August’ 20

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

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Nifty Future Trade

Nifty Future’s possible activity

§  Vital support of Nifty Future is 8567.50;

§  First resistance of the day is 8868.60.

Nifty Future vital Trade

Nifty Future’s possible activity

o   First resistance of the day is 8908.95;

o   Above this the index may face tough huddle at 8963.

o   Vital support of the day is 8042.50 or 8035.30.

o   Next resistance above recent high is 9635.95.

Nifty Future Fall

Good Evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  First resistance of the day is 10584.30;

§  Above this vital resistance is 10627.90.

§  First support if 10288;

§  If Nifty Future breaks the level of 10000, then the index may touch 9511.50

08:58 pm, 10^th March, 2020

Nifty Future Trading

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  Crucial support of Nifty Future is 11054.90 OR 11047.05;

§  Only above 11367.20 it will confirm REVERSAL.

08:55 pm, 1^st March, 2020

Nifty going to Bounce Back?

Good Evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  Crucial support of Nifty Future is 12080 OR 12078.30 OR 12071

§  Above 12303 next hurdle is 12369.60 OR 12373.15 OR 12375.55

05:55 am, 17^th February, 2020

Nifty Intraday Trading

Good morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

§  Opening resistance is 12187.45;

§  Above this next hurdle is 12204.65 OR 12205.05;

§  Vital support is 12109.55.

§  Below 12100 crucial support is 12052.70

06:36 am, 14^th February, 2020

Nifty -High-Profit-Booking

Good afternoon, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  Vital support 12218.20;

§  Below this crucial support is 12185.

§  Above 12273.50 OR 12280 Nifty Future will face first hurdle at 12292.75.

§  Tough hurdle is 12303 OR 12306.

04:45 pm, 12^th February, 2020

Nifty up Side Move

Good Evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  If Nifty Future fail to cross 12167 (today’s high) and start to trade below 12012 then vital support of the day is 11911.

§  If break 11911 then may touch 11870.25.

§  Cross of recent high Nifty Future may touch 12360/12375 within this week.

07:50 pm, 6^th February, 2020

Nifty Moving Up

Good Evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  1^st support of Nifty Future is 12025/12016.

§  Vital resistance of the day is 12224.25

§  Any kind of small correction is good opportunity for good buying.

07:04 pm, 5^th February, 2020

Nifty Opening Trade

Good morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

·         If Nifty Future open below Friday’s high (12292.70) then may take support at 12234.20.

·        Crucial support of the day is 12198.

·        If the index open above Friday’s high then may face resistance at 12301—12306.

·        Closing above 12323 the index may touch 12364---12376.45—12383 within this week.

05:55 am, 27^th January, 2020

Nifty Future Trading

Good morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

 If cross recent high 12412.50, then next resistance of the day is 12425.40 or 12427.25;

Crucial support of Nifty Future is 12301 or 12300.40.

05:55 am, 20^th January, 2020

Nifty Correction Mantra

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  First resistance is 12197;

§  Above this next hurdle is 12203.15 or 12208.50.

§  Vital resistance is 12224.60.

§  From day’s high chance of sharp correction is quite positive.

§  Don’t be trapped at higher level.

09:05 pm, 7^th January, 2020

Nifty Future Mantra

Good Morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

§  First resistance of Nifty Future is 12300.70 or 12304;

§  Above this next hurdle of the day are 12354.75.

§  Vital support of Nifty Future is 12264.

§  If open below yesterday’s low (12226.10) then crucial support is 12177.45.

05:55 am, 24^th Dec’2019

Nifty Future Trade

Key Support-Resistance level of Nifty Future

Ø  Next  resistance of Nifty Future  is 12098;

Ø  Before next medium correction Nifty Future may run till 12121.75

Ø  If From Tuesday’s high a small correction is possible.

Nifty Future Today

Key Support-Resistance level of Nifty Future

Ø  First support of the day is 11929.65;

Ø  Vital support is 11916.

Ø  If Nifty Future face strong hurdle at 12110 and start to melt down, then possibilities of a sharp correction of 260 to 268 is quite positive.

Ø  Otherwise Nifty Future runs to touch hit 12148 or 12203 within this week.

Nifty Intraday Call

Key Support-Resistance level of Nifty Future

Ø  First support of the day is 11894.35;

Ø  If Nifty Future breaks 11887.55 or 11881.90, then crucial support of the day is 11848.95.

Ø  Today was vital day to take reversal; to do this Nifty Future has to made new high and take reversal. But not happened. That means up-move will be continuing.

Ø  Reversal from any mentioned support level, the index may run to form new high.

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 Tomorrow

Good After-noon and Wish You a Happy Trading Session Tomorrow ….

Key Support-Resistance level of Nifty Future

·        First resistance is 11438;

·        Now, if Nifty Future able if crosses 11463.45 then next hurdle is 11493.75.

·        Below 11308.20 next vital supports are 11229.75;

·        Closing below the mention support Nifty Future may take support at 11148 or 11138.