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 Reversal Levels

Good Morning and Wish You a Happy Trading Session ….

Ø  On Friday Nifty Future made high 1077 at the end of the session.

Ø  Now the index has to come down to fulfill the wave.

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

Ø  Therefore the index has to come down, and it is ineluctable.

Ø  But news of economic slowdown will rush or give more power to come down Nifty Future.

Ø  And from days low it may take bounce back today.

Key Support-Resistance level of Nifty Future

ü  Vital support zone is 10753---10745 -- 10734.

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

Nifty Trading Levels

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 10893 next vita support is 10838;

Crucial support of the day is 10750.

Today also correction may continue.

Next trade reversal day is 3^rd September’19.

Above 11040 there is a chance of reversal towards upper side.

Nifty Intraday Secret

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Yesterday written:

From days high an intraday correction is quite possible.

Nifty Future has meltdown through the trading session.

Next trade reversal day is 3^rd September’19.

Now vital resistance is 11084/11085.70:

Above 11132.95 next resistances are 11237.40.

Vital support of the day is 10935.50.

If Nifty Future break this level then may take support at 10890.

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 Trading Mantra

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of Nifty Future is 11121;

If Nifty Future starts to trade above 11203 and close above the level then Bull will control next move.

Bellow 11002 next support is 10974.30;

Once Nifty Future sleeps below 10885.60 then crucial support is 10929.75.

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 & 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 Trade View

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Yesterday written vital support is 10903, Nifty Future made low 10901.60.

Below 10881 vital support of the day is 10856.75;

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

If Nifty Future break 10806.90 and single close below this level then be ready to see Nifty Future at 4 digit values.

Nifty Trading Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 10951 vital support of the day is 10903.

If Nifty Future breaks 10903, then witness of Panic selling.

If Nifty Future break 10806.90 and single close below this level then be ready to see Nifty Future at 4 digit values.

First resistance zone of the day is 11096.50---11108.50;

Vital resistance of Nifty Future is 11139.

Nifty Trading View

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11087; if Nifty Future start trade above 11163 then just waits for 11202.

Vital support of the day is 11010; crucial support of the day is 11002.

If Nifty Future break 10926 then be witness of Panic selling.

If Nifty Future break 10806.90 and single close below this level then be ready to see Nifty Future at 4 digit values.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance zone of the day is 11129.95---11134.75;

If Nifty Future fails to cross this level and start to melt down, then 10894/10888 is the crucial support zone.

If Nifty Future break 10806.90 and single close below this level then be ready to see Nifty Future at 4 digit values.

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 Future Trend

Good Morning and Wish You a Happy Trading Session ….

Post AGM (42^nd, after IPO) expectation was very high from Reliance.

And the Price of the share fulfilled it. Share price of this stock jumped 12.11% (from previous closing) in single session.

Although having a weightage of Reliance is 9.31% on the Nifty 50, Nifty fall sharply yesterday.

And that was not the expectation of investors.

Key Support-Resistance level of Nifty Future

Below 11862, wait for another round of panic selling at Nifty Future. If able to sustain the level and take a bounce back then there is some hope for bulls.

Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 11092 next support of the day is 11064/11062;

Crucial support is 10950;

Vital resistance zone of the day is 11211.50-----11222.90

Nifty Tips Intraday

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

Key Support-Resistance level of Nifty Future

If Nifty Future open below 11088 (yesterday’s high) then first support of Nifty Future is 11016.10.

Crucial support of the day is 10991.

Above 11113.15 next resistances are 11143.45----11157.75;

Above 11174.75 do not hold any short positions.

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 Future Trading

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 10919; below 10906 another round of panic may start.

Above 11150.75—11162.75 zone next resistance is 11287.55.

Closing above this level Nifty Future may run towards 11349.

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 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 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 Reliance Mantra

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

If Nifty Future able to cross 11165, then the index may run to touch 11382.45/11387-----11393.50/11397.55 (within this week).

Vital support of the day is 11129/11127.5; below this level 11096.75/11095.65 will act as crucial support.

Closing below 10623 Nifty Future may take next support at 10534.

Reliance Industries:

Below 1158.65 next support is 1152.75---1147.25; all are intraday levels,

Reversal / bottom point may be 1123.75