NIFTY 50 future TRENDS

[sudoku1]

NF trend UP
range :-> 5111 / 5333

 

[manoharpillai]

Nifty shows Some sort of pull back confirmation above 5233 Rs.5267/5288

FLAG FORMATION

The Flag pattern usually occurs after a significant up or down market move. After a strong move, prices usually need to rest. This resting period usually occurs in the shape of a rectangle, thus the word "flag". The Flag is considered a continuation pattern because after resting, prices will usually continue in the direction they did before.

 

[manoharpillai]

From 4th June the up trend a rising wedge pattern ..slow zig-zag rise up to 5347..
A small falling flag formation Indicates sup at 5227/and 5170 Res.5240/5305
Monday Spot Nifty trades above 5227 we will not have any problem breaks and sustains below it would take it to my target 5170 coincidentally fill the gap at 5160..

Weekly Spot Nifty Levels

R3-5,527.00-midpoint-5,462--R2-5,397-midpoint-5,356-R1--5,316-midpoint-5,291
PP 5,267.00
midpoint 5,227-S1--5,186-midpoint-5,161-S2--5,137-midpoint-5,072-S3--5,007

Midpoints are Intermediate support and resistance Points

spot sustains above 5227 most likely to test Pivot My down target 5170 achieved

 

[manoharpillai]

Nifty Intra Day
5235.52 5253.62 5271.75 5289.92 5308.11
5220
5202
5186.59 5168.60 5150.64 5132.71 5114.81

BNF


10681.05 10706.89 10732.77 10758.68 10784.62
10660
10634
10614.30 10588.56 10562.84 10537.16 10511.50

Nifty Fut. trade above 5277 and close can re-test 5360

 

[sudoku1]

spot sustains above 5227 most likely to test Pivot My down target 5170 achieved

SGX abv PP

 

[4209211]

Maruti last hope @ 1120 if broken then 1068 below 1068 it will be second IGL or Shree renuka sugar our children will ask us y stock fell 50% in one day was it spilt we will have to say them no it was a crash

 

[4209211]

kya hoo gaya maruti ka dekho kal rajesh khanna guzar gaye aur aaj stock tank hoo gaya so sad naa

acp pradhyuman might be saying Arre Dayaaaa pata lagao Rajesh khanna ki maut se Maruti mein danga kyun hua

 

[trdstudent]

5245 spot is brkout for 5260/80 level. If short Sl is 5230 around . Happy trding guys :thumb:

 

[manoharpillai]

5245 spot is brkout for 5260/80 level. If short Sl is 5230 around . Happy trding guys :thumb:

5230 is Target for short trade ..? SL is for Long !!

 

[4209211]

5270-5285 is the lvl to sell and also remember to keep a sl of 5312 on fut if remains above 5270-85 for 15 min and close above 5280 means no sell only buy but if in intrada now nifty fut breaks 5245-5240 and trades below so will slide upto 5208-5204 and if trades near 5200 for a long time means its preparing a slide upto 5170-5152- i feel to remain i n shot or wait for lvl to come and hit to sell