NIFTY 50 future TRENDS-Part 2

[Raghuveer]

@Seven Star: using low=5887 high=5910 still getting the same old levels.

 

[SEVEN STAR]

@Seven Star: using low=5887 high=5910 still getting the same old levels.

Your levels...posted today Morning..
Res: 5947 5928 5910 5896

it should be....Apl..nf ..res..5901....5928..5947

 

[nazimrushda]

the levels are for intra day identify the trend around 10 am..
Watch where nf takes sup or res...take position accordingly keeping sl at the next res..or sup..level..play for 20..25 points this being intra day trade..
...first try and understand the levels, the movement of nf for minimum one week..then take your trad always keep sl..
.......and do not trade option based on these levels

Hi Seven Star ,
Thanks for reply , is there any drawback using this level in option ?

 

[nazimrushda]

the levels are for intra day identify the trend around 10 am..
Watch where nf takes sup or res...take position accordingly keeping sl at the next res..or sup..level..play for 20..25 points this being intra day trade..
...first try and understand the levels, the movement of nf for minimum one week..then take your trad always keep sl..
.......and do not trade option based on these levels

Hi Seven Star ,
Thanks for reply , is there any drawback trading this level in option ?

 

[Raghuveer]

May NF VWAP at 9:30 = 5908
Fib levels for today:
Res: 5968 5949 5931 5917
Sup: 5899 5885 5867 5848

 

[SEVEN STAR]

WEEKLY..SPOT NIFTY..5871...
spot..RES....5924..5978..6050..
sup..5824...5762..5711..
expecting spot nifty to test..5980...........
ALL SPOT LEVELS.........

 

[SEVEN STAR]

businessline view
Nifty (5,871.4)

The Nifty moved up to the intra-week high of 5,924 before giving up some gains on Friday. The index has closed just above the key trend deciding level of 5,862. But there isn’t a strong move above this level yet.

That means it is still positioned at a critical juncture from a short-term viewpoint. There can be either a surge to the peak at 6,112 or a decline to 5,477. Investors can hold their long positions with stop loss at 5,745. Halt above this level can take the index higher to 6,028 or 6,199 in the sessions ahead.

Supports below 5,750 are at 5,700 and 5,650. Fresh long positions should be avoided below 5,650 since that will imply the possibility of further decline to 5,531 or 5,289 in the weeks ahead.

 

[msa5678]

As the Index becomes flatter, the commentaries on the expected move start to get generalised to such an extent that, either side move can be justified to the earlier predictions.

 

[Raghuveer]

Fri was a NR7 day and Inside day for May NF.

 

[Raghuveer]

May NF VWAP at 9:30 = 5892
Today's Fib levels:
Res: 5952 5933 5915 5901
Sup: 5883 5869 5851 5832