Tuesday, May 12, 2020

Nifty Future – Gap-Up opening?



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.


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


Monday, May 11, 2020

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


Sunday, May 10, 2020

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.


Thursday, May 07, 2020

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.



Wednesday, May 06, 2020

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

Bulls Bears 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.

Monday, May 04, 2020

Nifty – Dead Cat Bounce is Possible?

Dead Cat Bounce



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.

Sunday, May 03, 2020

Nifty – Need Confirmation of Correction


 Waiting_for_confirmation.jpeg


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.

Wednesday, April 29, 2020

Nifty near Finishing Point

Finish 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 (!!!)

Tuesday, April 28, 2020

Nifty Future – Overbought?

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

Monday, April 27, 2020

Nifty – roller coaster move

Nifty Zig-Zag 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 2nd resistance of the day,small correction of 280 points (around) is possible.



Sunday, April 26, 2020

Nifty Trading View

Before Jump




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.

Thursday, April 23, 2020

Nifty Future up-move

Nifty Intraday Rally



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

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.


Tuesday, April 21, 2020

Nifty Intraday Correction

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.


Monday, April 20, 2020

Nifty near Impervious Wall

Nifty Intraday Reversal



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

Sunday, April 19, 2020

Nifty Near of Peak

Nifty At 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.

Thursday, April 16, 2020

Nifty Future Tomorrow

Melting Point




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;

Wednesday, April 15, 2020

Nifty Intraday Tips

Nifty Intraday Tips



Above today’s high first resistance is 9395;

Tough hurdle is 9431.35



         **************************************************************************



Below 8799.35 crucial supports is 8652.