Nifty Future – Flat or Gap-down opening?

Key Support-Resistance level of Nifty Future

 

 §  First support of Nifty Future is 8951.

§  From first support the index may rally 80+ points.

 

§  Below the first support next vital level where Nifty Future may holt for a while is 8796///8788.70

Indraprastha Gas (IGL)

Life-time High: 1624 (30.10.2017)

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

Nifty Future – Another round of PANIC soon

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.

Nifty Future – over-bought

Key Support-Resistance level of Nifty Future

 

§  Vital resistance of the day is 9459; 

§  Below 9011---8973 crucial support is 8691.

Nifty Future – Nature of Motion - like “7”

Key Support-Resistance level of Nifty Future

 

 

§  First resistance of the day is 9459;

 

§  Crucial support is 8973.

Nifty – Sharp Range-bound Move

Key Support-Resistance level of Nifty Future

§  Vital support of the day is 9155;

§  First resistance of the day is 9330.

§  Crucial support is 9064;

§  If Nifty Future take support at last mentioned level, then may take a bounce back of 550+ points.

Nifty – Dead Cat Bounce is Possible?

Key Support-Resistance level of Nifty Future

§  First support of the Nifty Future is 9203.95;

§  First resistance is 9283, above 9371.75 Nifty Future may touch 9498.50.

§  Any kind of intraday bounce back is good opportunity to go short.

Nifty – Need Confirmation of Correction

Key Support-Resistance level of Nifty Future of this week

§  First support of the week is 9277 OR 9267.95.

§  Below the mentioned levels vital support is 9236.

§  If Nifty Future takes support at any mentioned level, then a bounce back of 400 to 410 points may pull the index to up.

Nifty near Finishing Point

Key Support-Resistance level of Nifty Future

§  First resistance of Nifty Future is 9721.75;

§  If the index close above 9776.25 then it may run to 9904.25/9958.75 (!!!)

Nifty Future – Overbought?

Key Support-Resistance level of Nifty Future

·        Vital resistance of the day is 9453.60.

·        And vital support of Nifty Future is 8976.60/8975.75

Nifty – roller coaster move

Key Support-Resistance level of Nifty Future

·        Below 9200.25 crucial support is 9186.75---9182.75.

·        First resistance zone of Nifty Future is 9382.75---9384.75.

·        From 2^nd resistance of the day,small correction of 280 points (around) is possible.

Nifty Trading View

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 9440;

·        Above 9477.75 Nifty Future may try to touch 9519.

·        First support zone of Nifty Future is 9102.05---9091.10.

·        Crucial support of the day 8865.

Nifty Future up-move

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 9451.65;

·        Above the first vita hurdle is 9483.70.

·        Above 9514.75 vital resistances is 9561/9598.

Nifty Intraday Trade

Key Support-Resistance level of Nifty Future

·        Vital resistance of the day is 9244.15.

·        Above 9278.85 don’t remain short positions.

·        Above recent high vital resistance is 9561/9598.

·        First support of Nifty Future is 8960.90.

·        Below 8823.65 Nifty Future may take support at 8719.50---8675---8630.

·        Crucial support of the week is 8340.65.

Nifty Intraday Correction

Key Support-Resistance level of Nifty Future

·        Vital resistance of the day is 9052/9055.

·        Below today’s low Nifty Future will take next support at 8637/8630.

·        Crucial support of the week is 8340.65.

Nifty near Impervious Wall

Market Outlook

From couple of days I am writing that Nifty Future is going to touch a tough hurdle. There after another round of correction may be start.

Key Support-Resistance level of Nifty Future

·        First resistance of Nifty Future is 9448

·        Nifty Future may run maximum 9561.15 or 9598.

·        Vital support is 8981.65

Nifty Near of Peak

Market Outlook

From couple of days I am writing that Nifty Future is going to touch a tough hurdle. There after another round of correction may be start.

Key Support-Resistance level of Nifty Future

·        First resistance of Nifty Future is 9432.25;

·        Single closing above 9518.35 Nifty Future will touch 9852.95.

·        Vital support is 9178.25.

Nifty Future Tomorrow

Key Support-Resistance level of Nifty Future

·        First resistance of the day is 9174.15 or 9181.15 (9180.25) or 9185.15

·        Above 9254.95 Nifty Future may jump to 9434.70.///9477.

·        Vital support is 9038;

Nifty Intraday Tips

Above today’s high first resistance is 9395;

Tough hurdle is 9431.35

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Below 8799.35 crucial supports is 8652.

Nifty Intraday Trading

This zig-zag up move may continue for some time, but wave structure showing that another round of panic may push the market more deep then expectation.

Therefore don’t be trapped at higher levels.

First resistance of the day is 9235.25;

Above this next resistance is 9319.50 or 9326.80.

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From any of the resistance an intraday correction of 548/550 points is quite possible.