NIFTY 50 future TRENDS

[manoharpillai]

BNF Intra Day Levels

10070.10 10095.20 10120.33 10145.49 10170.68
10050>UP

10025>down
10005.00 9980.00 9955.04 9930.10 9905.20

 

[essem]

VIX Status: VIX Target around 5550-5570 Call writing visible @ morning session. probably end of the day minor down expecting as per vix.

 

[anup0212]

guys/gals go long above 5133 with tgt 5145..5157..5187....and if short thne go below 5102...tgt 5090..5078... I would recomnd to be on long side ...upside seems more movement....happy trading all...

 

[manoharpillai]

Supply coming at spot 5142 area Long only above 5145 Intra day keep SL at 5120 can reverse trade slips below this level.

 

[Sultaan]

now 3 & 4th may gap please / nifty

3 gaps above... 5180 / 5226 / 5344

 

[manoharpillai]

Consolidation day less chance to trade, as long spot trade above 5075 trend is up slow and steady move towards 5200.

 

[anup0212]

Consolidation day less chance to trade, as long spot trade above 5075 trend is up slow and steady move towards 5200.

Manohar ji... I have one question and that is is this slow and steady consolidation is closing the gaps also created by NF in last 2-3 trading sessions ? What is your take on this ?

 

[sudoku1]

NF trend DOWN
tgt :-> 4777

 

[manoharpillai]

Manohar ji... I have one question and that is is this slow and steady consolidation is closing the gaps also created by NF in last 2-3 trading sessions ? What is your take on this ?

I think you are talking about NF premium... yes it is narrowed down.
Spot Nifty 5070 down side Support and 5170 Res. my view is market could consolidate in this 100 point range for few days before break out either side.
Market Trend is Up.. as long spot hold 5070 on closing basis.

 

[manoharpillai]

This P&F chart is Auto generated Trend reversal on 7th June target 5750
This is just an Info. don't make any trade based on this.