Nifty Correction

Good Evening and Wish You a Happy Trading Session Tomorrow ….

Market Outlook

Correction may continue till Friday to Monday.

Key Support-Resistance level of Nifty Future

§  First resistance of Nifty Future is 11621.50;

§  Below 11383 next supports are 11298 or 11291.

§  Closing below this level crucial support is 11148/11138.

§  Around Friday or Monday may take support around 11148 or 11138 and try to reverse.

Nifty Small Correction

Good Evening and Wish You a Happy Trading Session Tomorrow ….

Market Outlook

Correction may continue till Friday to Monday.

  

Key Support-Resistance level of Nifty Future

§  First support of Nifty Future is 11438;

§  The index may try to bounce back from 10404.10; but may fail after some spark.

§  11527 is the vital resistance for the day.

§  Around Friday or Monday may take support around 11148 or 11138 and try to reverse.

Nifty Profit Tomorrow

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Levels are same as yesterdays:

§  First support of the day is 11527;

§  Above 11800.75 next resistance is 11908.60

§  Vital Resistance of this teji is 11930.60---11932.

Nifty Intraday Tips

Good Evening and Wish You a Happy Trading Session Tomorrow….

Key Support-Resistance level of Nifty Future

§  First support of the day is 11527;

§  Above 11800.75 next resistance is 11908.60

§  Vital Resistance of this teji is 11930.60---11932.

Last 9 Sessions Work-sheet

Nifty Future Trend

Good evening and Wish You a Happy Trading Session Tomorrow.….

Market Outlook

Last Thursday I have written:

“Before next round of correction, we expect some upside price movement...”

At Thursday market fall sharply, all business channels were doing bla-bla, this is six month low…such and such.

Same day at 4 pm I have written before another round of panic there will be a bounce back at Market.

All of you have witnessed what happened.

At Friday on 12:41 pm when Nifty Future was trading at 11234, I have written the index will start to fall from 11403.

At 02:22 pm Nifty Future made high 11405.90 and fall 153 points within few minutes.

Key Support-Resistance level of Nifty Future

§  Vital resistance is 11412.50;

§  Closing above the mentioned level Nifty Future may touch 10664.10 before expiry.

§  Vital support zone is 1117.15---11112.40.

Nifty Intraday Tomorrow

Good Afternoon and Wish You a Happy Trading Session Tomorrow...

Although Nifty Future is passing through long correction (the correction has been started from 12118, 3^rd June’2019).

We expect some upside price movement before another round of correction.

Key Support-Resistance level of Nifty Future

§  Vital support of the day is 10670 (10669.95);

§  If Nifty Future breaks the mentioned level then will rush to break recent low 10646.75.

§  In that situation another round of Panic selling may be start.

Nifty Trading Tomorrow

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  Below 10805 vita support of Nifty Future at tomorrow is 10795;

§  If Nifty Future breaks 10776/10773 then crucial support is 10753.95.

§  Vital resistance zone is 10901.55 or 10907.25.

Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

From 23^rd of August Nifty Future is trading within range; although move is upside but motion is not smooth,

This kind of price movement suggests that another round of correction is waiting at near future,

But before this an up move of 300 to 350 points is quite possible.

Key Support-Resistance level of Nifty Future

§  Below 10805 vita support of tomorrow is 1010795;

§  Crucial support of Nifty Future  at Wednesday is 1010776/10773.

§  From any of the support level (or if fails to break yesterday’s low), Nifty Future may take a bounce back.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

From 23^rd of August Nifty Future is trading within range; although move is upside but motion is not smooth,

All of this suggests that another round of correction is waiting at near future,

But before this an up move of 300 to 350 points is quite possible.

Key Support-Resistance level of Nifty Future

§  Below 10959.70 vita support of today and tomorrow is 10934.25;

§  After break 10923.75 or 10922.65 crucial support of Tuesday and Wednesday is 10886.

§  First resistance of Nifty Future at tomorrow is 11050;

Nifty Future Possible Move

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Key Support-Resistance level of Nifty Future

§  Vital support of Nifty Future at Monday is 11047.85 or 11043.45;

§  If Nifty Future breaks the mention level then the index may test 10965.85 and below that 10934.25 at coming week.

§  If reverse from 1^st support level then may face resistance at 11261.55 at coming week.

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 Tips Tomorrow

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  Vital support is 11018.35;

§  If Nifty Future breaks 10988, then just wait to watch sharp fall.

§  Above 11105.85, next resistance is 11133.75;

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

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  Above 11105.85 next resistance of Nifty Future is 11133.75:

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

§  Below 10983.55 Nifty Future may take next support at 10951.90.

§  Crucial support is 10753 or 10745.

Nifty Future Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

§  If Nifty Future opens above 10993, then may run to touch 11003 or 11008.

§  In that case the index next resistance is 11039---11045’

§  If Nifty Future opens below 10917, then next support is 10875.60.

§  Crucial support is 10753 or 10745.

§  Close below 10646.75 will prove the rumor of     RECCESSION is true.

Nifty Future Tips

Good Afternoon and Wish You a Happy Trading Session tomorrow….

Key Support-Resistance level of Nifty Future

§  Now vital support is 10825.

§  If Nifty Future break this level then may try to come down to touch 10785.15.

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

§  Close below 10646.75 will prove the rumor of     RECCESSION is true.

§  Above 11001 next resistance is 11050.

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.