Nifty Future Long or Short

Good morning, wish you happy trading session.

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 12394.65 or 12397.60;

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

·        Vital support of the day is 12301 or 12300.40.

05:55 am, 16^th January, 2020

Nifty Tips Today

Key Support-Resistance level of Nifty Future

Ø  First support of the day is 11918/17,

Ø  First resistance of the day is 12099.85 or 12108.85;

Ø  Vital resistance is 12121/12123.

Nifty New High?

Key Support-Resistance level of Nifty Future

Ø  First support of the day is 12026;

Ø  Crucial support of first hour of trading is 12015.70 or 12012.25.

Ø  First resistance of the day is 12117.55 or 12121.

Ø  If volume support above 12131.30  vital resistance may be 12179.45 or 12184.

Nifty Trade Tomorrow

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  Tomorrow crucial support of Nifty Future is 10968.85 or 10965.30;

§  If Nifty Future breaks 10915.95, then just wait to watch sharp fall.

§  Above 11105.85, next resistance is 11133.75 Or 11138.50

§  If Nifty Future able to cross 11151 then may face next resistance at 11170 or 11178;

Nifty Rally On-card?

Good Morning and Wish You a Happy Trading Session ….

o   From couple of days I am writing “Next trade reversal day is 3^rd September’19.”

o   Although yesterday there was no sign of bounce back

o   But today Nifty Future bounced back 1.11% from day’s low 10785.15

Key Support-Resistance level of Nifty Future

ü  First resistance of tomorrow is 10916.

ü  Above 10932 may take an upside spark to touch 10955.65;

ü  Vital support is 10832.

ü  Below 10785 just wait to see the level 10753---10745.

ü  Close below 10646.75 will prove the rumors of RECESSION is true.

Nifty & Stock Correction

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Yesterday written:

“If Nifty Future close blow 10901, then witness of Panic selling.”

After breaking 10901 Nifty Future fall 209 points from day’s high.

Now keep close eye at 10708. If the index able to sustain the level, then up move can pull Nifty Future till 10874 within 2 days.

If beak and start to trade below 10708 then just wait to see 10545.30;

Nifty Future may touch 4 digit values. at next expiry. 

Nifty Mantra Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Above 10960.85 tough hurdles are 10981.55;

If Nifty Future breaks 10806 then next tough support is 10741.20;

Crucial support of this correction is 10608.60.

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 10968; crucial support of the day is 10939.45,

If Nifty Future breaks yesterday low and close below the level then may take next support at 10782 within couple of days.

Vital resistance zone of the day is 11209---11226.70;

Closings above 11393.75 don’t hold any short positions.

Nifty KEI Industries

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Resistance of first half of Nifty Future is 11596.85---11601.80.

Vital support is 11472.65---11469.

 If Nifty Future able to sustain above recent low 11467 then chance of reversal is quite possible.

KEI Industries:

At 16^th July’19 this stock may face tough hurdle at 495.95—496.

If fail to cross this hurdle then a small correction may start.

If so happen then the stock may take next support at 420.50 around 02.08.2019.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 11823.65 crucial support of Nifty Future of the day are 11808.70.

If Nifty Future fails to break recent low 11801.20, then the index may reverse.

Vital resistance of the day is 12001.60.

UPL:

Added at 7 am

Above 1016.85---1019.20 vital resistance of the day is 1021.50.

If the stock trade below 895 then may take next support at 974.50.

Nifty-Reliance Tips

Key Support-Resistance level of Nifty Future

Above 11858.75 next vital resistances are 11916.25. Tough hurdle to cross is 12017.

Below 11792 next vital support is 11535, crucial support is 11394.50.

Reliance Industries:

Vital support of the day is 1285. Below 1262 next crucial support is 1125.85/1123.75.

Nifty Future Trade

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

On Friday written vital resistance is 11897, Nifty Future made high 11897.

Below 11772 next vital supports are 11725.

If open below 11890 and start to melt down then crucial support is 11708.70

Above 11957.50 next vital resistances are 11979.85 or 11983.40

Tough hurdle to cross is 12035.80.

Today’s Overview:

Move will be zig-zag, from first half’s low a sharp bounce back is possible.

Nifty Future Trend

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

·        Yesterday mentioned about the vital resistance 12049.60, Nifty Future made high 12070 and melt down 429.85 points.

·        Today above 11825.65 vital resistances is 11897.

·        If so happened and Nifty Future fail to cross the hurdle then wait for another round of sharp correction.

Today’s Overview:

.Yesterday written:

“…. a sharp correction is quite possible. Today market will be very volatile.”

Nifty Future corrected 429.85 points.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

On 23^rd April Nifty Future made low 11573.50, from that day a reverse rally (although the move was zig-zag) pull up the index to 11835.50.

From that day till yesterday Nifty Future is trading within a range. Written earlier that rally was a reverse rally, so Nifty Future trend is towards down.

Now below 11573.50 (the lower bottom) movement will be clear.

Nifty Trade View

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Crucial support zone of the day is 11573.75----11563---11560.

If Nifty Future able to sustain above the mentioned zone, then the index may take a reverse.

First resistance of the day is 11657/11661. Above 11760 Nifty Future will spark.

Today’s Overview:

Possible up move if able to sustain above the support zone.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11788; If Nifty Future cross this level then may run to form new high.

If Nifty Future fails to cross 11783 or 11788 and melt down below 11685 then be CATIOUS……

Another round of Panic selling push down Nifty Future below 11515.75, vital support is 11441.75.

Today’s Overview:

Wave structure suggesting this correction may continue.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11808, if Nifty Future able to cross 11845.75 then fresh buy may pull Nifty Future very fast.

No change at yesterdays mentioned support level.

Today first support zone is 11683—11671. Vital support of Nifty Future for the day is 11647.50. Crucial support is 11563.90.

Today’s Overview:

If fail to cross new high 11822.75 or 11845.75 then a sharp correction (for 1 to 3 days) is quite possible.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

As expected today Nifty Future made new Life Time High 11822.75. Once it crossed the previous high then the upper motion may continue.

First resistance of the day is 11754, vital resistance of the day is 11768---11783. Above 11798/99  Nifty Future may run to touch 11845.75

Today first support zone is 11683—11671. Vital support of Nifty Future for the day is 11647.50. Crucial support is 11563.90.

Today’s Overview:

Once Nifty Future take bounce back from any mentioned support level, then don’t hold short position at Nifty or any Nifty Stocks.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

On Friday after making day’s high at 11023 Nifty Future melt down straight 188 points.

End of the session the index has tried to recover some, but it was a bounce back of a falling object.

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

On Friday Institutional Investors have bought 7118.42 Cr. and sold 5802.53 Cr. net trades were + 1315.89 Cr.

And Domestic Institutional Investors have bought 4024.98 Cr. and sell of 4030.05 Cr. net trade values – 5.07 Cr,

India VIX Snapshot

 On Friday INDIA VIX made high 17.1850 and low 15.5450

Advance and decline ratio of the Nifty was 34:16

OI at Option Trading

Most active CE was 11,000, and OI was 31, 56,525. And active PUT strike was 10700, OI 29, 69,700.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10935.50. If Nifty Future cross 10973.95 then may cross recent high 11023.

Vital support of the day is 10786.80. Below this next support are 10730.35. (This is not the end)

Today’s Overview:

Below 10973.95 overall trends is down.

Nifty Future Today

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future runs upward through the session. From intraday low of 10676 it jumps 1.57%. Total movement was straight and doubtless.

Before the Union Budget (interim) session market will be volatile today.

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

Yesterday Institutional Investors have bought 10962.01 Cr. and sold 7955.6 Cr. net trades were + 3006.41 Cr.

And Domestic Institutional Investors have bought 5751.35 Cr. and sell of 7385.67 Cr. net trade values – 1634.32 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 17.8500 and low 16.4450

Advance and decline ratio of the Nifty was 40:10

Key Support-Resistance level of Nifty Future

Above 10864.85---10866.10 Nifty Future may face next hurdle at 10918.60. Single closing above 10969.40 Nifty Future may run towards 11172.70---11173.55 within next week.

From any hurdle point (Nifty Future will face strongly) intraday correction of 110+ is quite possible.

Today’s Overview:

Today market will be very volatile, as Union (interim) Budget 2019 is going to be unveiling.