Vital resistance of Nifty Future is 9930 OR 9976.
Tough hurdle to cross is 10012.80
First support of the day is 9525
Crucial support of the week is 9088.95
I analyze the stock market with 99.99% accuracy. I can calculate the exact turning level of any stocks or Index. Generally I trade at Nifty Future, Nifty Options and Blue-chip stocks. Accuracy is the key factor of my trading. I am at market since 2002. From last 18 years of trading history and 10 years of advisory experiences, I can prove my excellence at the field of PRICE and TIME FACTOR.
Vital resistance of Nifty Future is 9930 OR 9976.
Tough hurdle to cross is 10012.80
First support of the day is 9525
Crucial support of the week is 9088.95
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
First support of Nifty Future is 9865,
If Nifty Future takes bounce back from this level and cross Friday’s high (9982.15), then the index may run to touch 10037.
In case Nifty Future break 9811 and take support around 9795 then it will be clear indication of continuous corrections.
Crucial support of the week is 9025.45
My prediction was before 2nd
round of correction Nifty Future may once touch 10707.
But the wave structure is indicating
that there is something wrong.
Coming 2 days Nifty move will confirm
the direction.
Key Support-Resistance level of Nifty Future
Vital support of Nifty Future is 9719.
Crucial support is 9565.
Vital resistance is 10040--10053
Nifty Future’s possible activity
Vital resistance of Nifty Future is 10180.
If the index fail to cross 10183 and start to fall then we may witness another round of PANIC selling.
In that scenario below 9992, Nifty Future may take support at 9896 (possible reversal point).
Single closing above 10319 Nifty Future will run to touch 10707.45
Key Support-Resistance level of Nifty
Future
Yesterday written “vital support is 10003 OR 9992”
Nifty Future made low 10006.
Now vital resistance is 10245.95.
Single closing above 10488/10499 Nifty Future will run to
touch 10707.45
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
There is a myth that if price
increasing – OI decreasing - Volume decreasing then it is “Weak trend/Short
covering Rally”
But a short covering rally never be an
Impulsive wave.
Key Support-Resistance level of Nifty
Future
First resistance of Nifty Future is 10242,
Key Support-Resistance level of Nifty
Future
Vital support of Nifty Future is 9959/9957;
First resistance of the day is 10083/10086.
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.
Key Support-Resistance level of Nifty Future
Vital support of Nifty Future is 9850.90,
Below this level the index may take support at 9779.
Closing below the 2nd level Nifty Future may touch down side at 9542 within this week.
Above today’s high NF may face tough hurdle at 10035.
I admit that there has been some mistake in making market predictions just this time.
My thought was that final
phase of correction is going to be start.
Nifty Future’s possible activity
· First resistance of the day is 9929.75///9934.85
· Above this next resistance is 10057.50
· Vital support of Nifty Future is 9466.85.
·
From day’s low sharp bounce back is quite possible.
Key Support-Resistance level of Nifty
Future
First resistance of Nifty Future is 9584 OR 9586;
Very tough hurdle to cross is 9631.85,
First support is 9334.
Key Support-Resistance level of Nifty
Future
Vital resistance of the day is 9345 or 9353.
Above this may run to 9418.85 (!)
Vital support of Nifty Future is 9196.
Closing below 9022 the index may melt-down to 8751.
I
have been writing for several years "No outer force can change the
direction of Market, it only can accelerate the motion".
I
am writing from couple of weeks that possibility of a Market-Correction is very
positive.
Now
issue of India-China can accelerate the motion.
Key Support-Resistance level of Nifty
Future
Possible next support of Nifty Future is 8889.50.
Below recent low 8811.05 the index may fall sharply.
In that scenario next support may be 8637 or 8627.
Vital resistance is 9262.
Key Support-Resistance level of Nifty
Future
Possible resistance of Nifty Future is 9192//9197.
Before this inner resistances are 8990 and 9078///9084.
And inner supports are 8926/8924 and 8958.
If fails to cross 1st resistance (mentioned) and break 8811 (recent low) then the index may start to fall to touch 8562.
Key Support-Resistance level of Nifty
Future
First resistance of Nifty Future is 9011.
Above this vital resistance is 9104.
Below yesterday’s low Nifty Future may take strong support at
8562.65.
Key Support-Resistance level of Nifty
Future
If Nifty Future able to open above Friday’s high 9180:
Then first resistance of Nifty Future is 9210 or 9218.
Above this vital resistance is 9253.
If NF fails to open above 9180 and start to melt
down then:
First support is 8977.25;
Below 8903.50 turning points may be 8829.75
Key Support-Resistance level of Nifty
Future
First support of Nifty Future is 9092.25/9089.50.
Below 8963/8959 the index may take next support at 8891/8884.
Crucial support is 8839.95
If cross 9557 (recent high) without breaking 9125 then may
face tough hurdle at 9619/9647
Key Support-Resistance level of Nifty
Future
§ Above 9680 vital
resistance of Nifty Future is 9906 to 9915.
§ Vital support zone of the
day is 9238 or 9233.50
Key Support-Resistance level of Nifty
Future
§ Vital resistance 9906
to 9915.
§ From days high a sharp
correction is quite possible.
§ Within next two days
correction of 578 points is possible.
Split: Old FV 10: New FV 2 (09.11.2017)
52 Week High: 534.20 (07.02.2020)
52 Week Low: 284.05 (19.03.2020)
Recently the stock made high 485.
If close above 491 then the stock may run to 578.90 and 651.90.
Time Frame: Around
12.06.2020, Friday
Key Support-Resistance level of Nifty
Future
§ First resistance of the
day is 9396.95 or 9401.95.
§ If Nifty Future able to
cross the mentioned level then may go maximum to 9459;
§ First support of Nifty
Future is 9213.
§ Closing below 9125 Nifty
Future will touch 8691.15 within the week.
Key Support-Resistance level of Nifty
Future
§ Vital resistance of the day is 9459;
§ Below 9011---8973 crucial
support is 8691.
Key Support-Resistance level of Nifty
Future
§ First resistance of the
day is 9459;
§ Crucial support is 8973.