Nifty Future – Near short term bottom.

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

Nifty Future – Reverse from Day’s Low

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

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

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.