Nifty Future Trading – 31st August 2020

Hi Friends,

 

Good Morning,

Today we may witness a gap-up opening, as when I am writing this post SGX Nifty has touched 11707.

Nifty Future may face first hurdle around 11741 today, it may sleep for a few points.

But bounce back can pull the index to 11829.85.

If fail to bounce back then may correct for the whole the day.

 

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

 

Nifty Trade -27th August 2020

 

Hi Friends,

 

Good Morning,

Vital levels of coming trade at Nifty Future:

Vital support of Nifty Future is 11523/11519;

Crucial support of the day is 11515.

Vital hurdle is 11570/11578;

Very TOUGH HURDEL is 11650---11676.95……

 

If start to fall…….then ?????

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

Nifty Intraday View

 

Hi Friends,

 

Good Morning,

Today Nifty Future may take support at 11371;

Crucial support is 11359.25.

First resistance is 11429.50,

Vital hurdle is 11515.

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

Nifty Future Mantra – 16th June’20

Key Support-Resistance level of Nifty Future

Vital resistance of Nifty Future is 9957 OR 9968.

If the index crosses 9982 then may touch 10023 (but possibility is very low).

First support of the day is 9505.60

Crucial support of the week is 9025.45

Nifty Future Mantra – 4th June’20

I was waiting for a good inner top. Overall trend is up, but before this we may witness some small healthy correction.

Healthy, because we may get the chance to buy or enter at a profitable level.

Open Interest – Premium relation showing “Sell on Rise” condition.

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 10104; 

After crossing the mentioned level the index may touch 10156.90. 

Above 10193.15 (today’s high) tough hurdle is 10316 or 10318.05 

First support of the day is 9999/9997. 

Vital support of the week is 9874,

If the index breaks the mentioned support then from 9664 Nifty Future may take bounce back.

 

*** If Nifty Future touch 10316-10318 then mentioned support level will be valueless. 

Nifty Future Intraday Buy Sell 17th August

Nifty Yesterday’s activity

Yesterday Nifty Future tried to recover after negative opening; it made high 11460 and fails to sustain the move. And after that Nifty Future melt down 83 points sharply.

 

Nifty Future

On Thursday Indian VIX is increased significantly, writing from last couple of days that increased at VIX is making strong the possibilities of down fall. Look at the chart below how VIX is increasing. 

Indian VIX

FII’s net trade is -825.08 Crores, where DII have bought 133.78 Cr. Foreign Intuitional Investors are selling continuously, last four days total sell is 2686.44 Crores. Is this a clear signal of PANIC sell?

Vital Support Resistance on Friday’s Trade

Discussed earlier how VIX is increasing; there is possibility of down move, from 13^th Augusts’ low 11372 to 14^th Augusts’ high 11478 to yesterday’s low 11377 showing that a small bounce back is quite possible,

And the bounce back may be above 11478, yesterday written about the support level 11372, told last hope for Bulls’ Nifty Future made low 11377. Now what?

 

Group Works

Day’s vital resistance is 11439/43 above this Nifty Future may face next hurdle at 11479, if face hurdle at 1^st resistance then may come down to form day’s support at 11391/11388.

Tough hurdle of the day is 11497, although this is very near of Nifty Future’s life time high 11504.but may start down journey from that point.

If Nifty Future break 11372 then may take next support at 11320/11318, below this 11268 may act strong support?

nifty future today

nifty future today