Nifty Future Mantra – 9th June’20

Key Support-Resistance level of Nifty Future

 

First support of Nifty Future is 10094.35,

Below this vital support is 10003 OR 9992.

Crucial support is 9933.

Single closing above today’s high (10319) Nifty Future may run to 10707.45

Nifty Future Live

Key Support-Resistance level of Nifty Future

Ø  Vital resistance of the day is 12175.50;

Ø  From the mentioned high an intraday correction of 55 to 60 points is quite possible.

Ø  So the vital supports may be 12121.10---12115.05.

Ø  After that next vital resistance is 12190—12192.25

Ø  From days high a sharp correction is quite 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 is Overbought

Key Support-Resistance level of Nifty Future

Ø  First resistance of the day is 12006.75;

Ø  Above this next resistance are 12061.70 or 12066.25;

Ø  Tough hurdle is 12080.50.

Ø  Vital support is 11942.45;

Ø  As, BSE Sensex made today new life time high, there a possibility generate that Nifty Future may run to form new top.

Ø  At this scenario above life time high 12118, the index may run to touch 12325.80 within this expiry. 

Ø  Technically tomorrow is very vital to take or to start a down trend. As the index is very near of its life time high 12118.

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.

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 Future Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First resistance of Nifty Future is 11232.55/11234;

If the index cross and close above the mentioned level, then next resistance of the week may be 11391.45.

First support is 10972.55; below this crucial support is 10941.

If Nifty Future break recent low 10886; then just wait for 10041.80---10026.55;

Nifty Future Bottom

Good Morning and Wish You a Happy Trading Session …

Key Support-Resistance level of Nifty Future

Above 11385 next vital resistances is 11413-11415.

Below 11303—11291; another  round of panic selling may start .

Nifty Trade View

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11394.75----11392.95; crucial support is 11385.15.

Above 11457—11460.90 next hurdle of Nifty Future is 11494.85—11505.

Above 11601 Nifty Future will run to touch recent high 11693.

Nifty Intraday Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First support of the day is 11443; below 11420/11409 just wait for free fall.

Closing below 11409 Nifty Future may take support at 11202.95---11199.20 within this week.

Today’s Overview

Correction may continue. Any bounce back is good opportunity of going short.

Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First resistance of the day is 11614.45; above this vital and tough resistance is 11667.10.

If Nifty Future break yesterday’s low (11486.55) then may take support at 11202.95---11199.20 within this week.

Today’s Overview

Correction may continue. Any bounce back is good opportunity of going short.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11915.30-----11917.90;

If Nifty Future fails to cross 11892.80 and open below 11855 then vital support of the day is 11704.70.

Below 11666, just wait to watch Blood Bath at market.

Today’s Overview

May be today’s high will be the TOP of next week.

Nifty-ICICI Bank

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Above 11972 next vital resistances is 12044 ----- 12062/12066.

Vital support of the day is 11772.50..11762.50

ICICI BANK:

Vital support of the day is 413 to 411. If this stock close below 406 then within in one weak it may touch 375.50.

Otherwise before go down the stock may touch 442.75 once.

Nifty Reliance

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Yesterday written:

From any of resistance level correction of 205 points is quite possible.

Yesterday NF high was 11895 – low 11687 = 208 points.

Now below 11675.85 crucial support of the day are 11662.25.

If Nifty Future take a bounce back from level then a fresh rally may start.

Vital resistance of the day is 12049.60, above 12095/12107.45
 
very tough hurdle for today and tomorrow 12342.50.

Today’s Overview:

Overall trend is up till 23^rd May. After that a sharp correction is quite possible.

Reliance:  

Yesterday written:

“And close below 1334/1332 today may start bleeding.”

The stock makes low 1330 and reverses to 1367.

Vital resistance of Reliance (cash) is 1370/1372.35; fail to cross this level Reliance may start to melt down sharply.

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 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 Future Calls

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Yesterday written:

“If Nifty Future fails to break 11573 and face the hurdle 11680.25----11691.50 then just wait for new rally.”

Below 11717 next vital support is 11655. Single closing below 11573 Nifty Future may touch 11289.80.

Above 11764.45 Nifty Future will try to touch recent high 11859.

Today’s Overview:

Below 11573 corrections may continue.

Nifty Trading Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11838.50; once Nifty Future cross recent high 11859 then may run to touch 11875/11878.

Single closing above 11899/11901 Nifty Future may touch 11986.25/11993 within Wednesday.

Below 11722 Nifty Future may test 11695.

Today’s Overview:

Possible up move, before vital hurdle small intraday correction of Nifty Future is possible.

Nifty Future Rally

Good Morning and Wish You a Happy Trading Session ….

At last two sessions rally pull up Nifty Future from 10602 to 10833. Movement was very slow through the day, but direction was significantly one sided.

Watching the wave pattern it is almost clear that rally is a part of a correction. Therefore don’t’ be trapped at higher level.

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

Yesterday Institutional Investors have bought 4872.17 Cr. and sold 4816.69 Cr. net trades were + 55.48 Cr.

And Domestic Institutional Investors have bought 2465.24 Cr. and sell of 2263.14 Cr. net trade values + 202.1 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 17.1725 and low 12.1275

Advance and decline ratio of the Nifty was 36:14

OI at Option Trading

Most active CE was 10,800, and OI was 26, 66,250 and most active PE was 10,700. And OI was 27, 94,875.

Key Support-Resistance level of Nifty Future

If Nifty Future open around 10813.60 and fail to cross 10833 then may take support at 10749---10735.

Vital resistance is 10903.50.

Today’s Overview:

From first half’s low up move and from day’s high sharp correction.

Nifty Trading View

Good Morning and Wish You a Happy Trading Session ….

After gap-down opening Nifty Future melt down to 10641. And take a reverse and jump to 10766 within an hour.

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

On Friday Institutional Investors have bought 4947.3 Cr. and sold 5913.75 Cr. net trades were – 966.43 Cr.

And Domestic Institutional Investors have bought 4220.15 Cr. and sell of 3366.9 Cr. net trade values + 853.25 Cr,

India VIX Snapshot

 On Friday INDIA VIX made high 17.5350 and low 12.4475

Advance and decline ratio of the Nifty was 18:32

OI at Option Trading

Most active CE was 10,800, and OI was 24, 60,975 and most active PE was 10,700. And OI was 32, 12,850.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10861.80. Above 10921.60 Nifty Future may run to 10951---10952.55.

If Nifty Future able to sustain above Friday’s low then may run to 300+ points from low within 2-3 sessions.

Today’s Overview:

If Nifty Future able to sustain above Friday’s low, then you may witness a rally for the time being.