Nifty Future up-move

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 9451.65;

·        Above the first vita hurdle is 9483.70.

·        Above 9514.75 vital resistances is 9561/9598.

Nifty and Reliance

Key Support-Resistance level of Nifty Future

Ø  If Nifty Future fails to cross 12006 (today’s high) then 1^st support is 11965.45;

Ø  Below this crucial support is 11940.45—11933.65

Ø  Above today’s high vital resistance of Nifty Future is 12127.95.

Reliance Industries:

If stock price of Reliance fail to cross 1574.10 tomorrow, then correction of 140 to 150 points is quite possible.

We were holding the stock from price 1123.75 (Swing Trading)

Yesterday sold half position at 1505, and today book rest long position at 1570.

Nifty Bounce Back

Good Morning and Wish You a Happy Trading Session ….

Ø  Yesterday written “Now the index has to come down to fulfill the wave”

Ø  And at earlier I have written: Next trade reversal day is 3^rd September’19.

Ø  According my prediction market corrected.

Ø  But there was no such sign of bounce back.

Ø  Today also Nifty Future may bounce back.

Ø  But if fail to do so then correction may continue till 06^th September.

Key Support-Resistance level of Nifty Future

ü  Vital resistance of the day is 10874.

ü  Above 10877 may take an upside spark.

ü  Vital support zone is 10753---10751---10745.

ü  Upper mentioned support zone is very vital for bounce back.

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

Nifty and Stock Rally

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11237.40; above this level Nifty Future will face next hurdle at 11254---11264.90;

Tough hurdle to cross is 11353.65.

From days high an intraday correction is quite possible.

Nifty Reversal Point

Good Morning and Wish You a Happy Trading Session ….

After a continuous correction Nifty Future has taken a sharp bounce back of 233 points within an hour on Friday.

Although that was sharp up move, but today’s trade will clear it was bounce back or starts of a fresh rally.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10923.90; if Nifty Future cross the level with volume then may face next hurdle at 11047.60.

Tough hurdle of the day is 11155.10;

If Nifty Future opens at gap-up then profit booking may drag Nifty Future around 10620.10.

Crucial support of the week is 10532.30.

Nifty Intraday Tips

Good Morning and Wish You a Happy Trading Session ….

Vital support zone of the day is 10894---10888.

If Nifty Future break the zone and run down to break 10862 then another round of panic may break recent low 10806.90.

If Nifty Future able to sustain above the vital zone and reverse and cross Wednesday’s  high 11099.95, then control will be under Bulls.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support is 10801.75, below this next support of the day is 10748.25;

If Nifty Future break  the mentioned level, then crucial support is 10607.

Today’s Overview

Nifty Future is looking over sold, possibly Nifty Future is near of its bottom.

13^th August or 18^th August may be reversal day.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session...

Key Support-Resistance level of Nifty Future

Yesterday written vital resistance is 11601. Nifty Future made high 11599.90 and starts to melt down.

If Nifty Future fail to cross 11588.60 then next support is 11472.65---11469.

Crucial support is 11451.

 Today’s Overview

From days low a bounce back is quite possible.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support o the day is 11787; below this level Nifty Future may meltdown to 11766.55.

First resistance of Nifty Future is 11867.25. Above 11899 don’t hold any short positions. Nifty Future will bounce back to form new high.

Around 10^th or 11 July Nifty Future may change its direction.

Budget-Nifty-Reliance

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 12034.45; from this level Nifty Future may start to melt down.

Vital support of the day is 11867.25. Below this level crucial support of the day is 11825.30.

Today Market will be very volatile. Around 10^th or 11 July Nifty Future may change its direction.

Reliance Industries:

Vital resistance of the day is 1295.50. From this level 20 to 22 points correction is quite possible.

Tough hurdle for next three sessions is 1327.

Overall trend of this stock is down trend.

Nifty-Reliance-Lupin

Key Support-Resistance level of Nifty Future

Nifty Future will face hurdle at 11952.75, if fail to cross is and start to melt down then below 11808 Nifty Future will take crucial support at 11712.

Above 12022.85 the index will run to make (!) new high.

Reliance Industries:

Trading below 1305 sharp fall may start. And written several time 1123.75 is vital support for the stock.

LUPIN:

Vital support of the day is 689.55, below this 665.80.

Nifty Trend View

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 12092.45/12096.10.

If Nifty Suture start to trade above this level and cross recent high 12118, then may face tough hurdle at 12148.20.

Below Tuesday’s low (12036) next support is 11979.95. Closing below this level NF may take next support at 11896/11893.

Coming Soon......

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 n Reliance

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Above 12006 next vital resistances is 12062/12066.

From Day’s high intraday correction round 100 points is quite possible.

Reliance:  

Vital resistance of the stock is 1361/1363.

From the level Reliance stock price may start to correct again.

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 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.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Vital support of the day is 11381.40. Closing below the level Nifty Future may fall to 11174.50.

Above 11442.30 next resistances is 11501.55. Vital resistance of the day is 11560.

Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11344.25—11336.

Above 11373.75 vital resistances is 11415/11418. After crossing 11427 Nifty Future may touch 11454.50.

This rally may extended around 11472.50—11477.

Today’s Overview:

Overbought condition is not good for fresh long term buy, but you may buy for intraday.

Nifty & Reliance Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11092.40---11095.40.

AND

Vital support is 10819.65……

Today’s Overview:

From days high an intraday correction is quite possible.

Vital resistance of Reliance (cash) is 1246.40.

AND

Vital support is 1210.30……

Today below 1210.30 Reliance may take crucial support at 1197.50---11088---1165.55 (Best Buy).

Disclaimer: This is not any investment recommendation; we are sharing our views only.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

If Nifty Future fail to open above 10928 then may take 1^st support at 10860. From days high the index may correct 200 to 225 points. Vital support is 10784.

 First resistance of the day is 10988. Vital resistance is 11007/11009.40…..

Today’s Overview:

From days high an intraday correction is quite possible.

Today below 1210.70 Reliance may take crucial support at 1197.50---11088---1165.55 (Best Buy).

Disclaimer: This is not any investment recommendation; we are sharing our views only.