Nifty Futures Weekly And Intraday Analysis Trend Report

DO YOU THINK MY INTRADAY & WEEKLY PREDICTIONS FOR NIFTY FUTURES ARE ACCURATE?

  • ITS RELIABLE..... TECHNICAL SUPPORT / RESISTANCE DO EXIST....!

    Votes: 11 100.0%
  • NOT RELIABLE....ITS LIKE LOOKING FOR NIFTY LEVELS BY LOOKING AT A CRYSTAL BALL... !

    Votes: 0 0.0%
  • SOMEHOW THE LEVELS SEEM TO WORK... BUT I AM NOT CONVINCED....!

    Votes: 0 0.0%

  • Total voters
    11
  • Poll closed .
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lancer

Well-Known Member
This is damn crazy trying to castigate a man who is trying his best to give tips. Even if he is dot to the TA 90% of the time .... well! how much do you gain? And rest 10% ... how much do you loose. Market has it's own way and if all the TA forcaste were to be true no body would loose in the market and all poverty can be eradicated.
You guys who castigate him may try and post TA of their own.

:mad::mad::mad:
 

Nishikant

Well-Known Member
BANK NIFTY FUTURES INTRADAY TREND ANALYSIS FOR 20th MAY 2009




HARI OM :thumb:



BANK NIFTY FUTURES INTRADAY TREND ANALYSIS FOR 20th MAY 2009




BANK NIFTY FUTURES HAS CLOSED AT 7290



UPWARD VIEW OF BANK NIFTY FUTURES:-



BANK NIFTY HAS CLOSED ABOVE THE 7266 MARK.



"SO IT WILL REMAIN BULLISH TILL IT TRADES ABOVE THE 7266 REGION"



ABOVE 7266 RESISTANCE FOR BANK NIFTY FUTURES IS PEGGED AT 7472 7714 7765.



UPWARD VIEW OF BANK NIFTY SEEMS TO BE CAPPED FOR THE MOMENT BECAUSE 7714 7765 BAND WILL ACT AS A MAJOR OBSTACLE TO MOVE UPWARDS.



SO AN IMMEDIATE CLOSE ABOVE 7714 7765 REGION IS A NECESSITY OR ELSE PROFIT BOOKING CAN BE EXPECTED AT THIS 7714 7765 ZONE.



FRESH UP TREND WILL INITIATE ONLY IF BANK NIFTY TRADES OR SUSTAINS ABOVE 7714 7765 REGION.


ABOVE 7714 7765 BANK NIFTY FUTURE CAN FUTHER RALLY UP TO 7957 8114 8199.





DOWN WARD VIEW OF BANK NIFTY FUTURES:-



7000 WILL NOW ACT AS A STRONG SUPPORT FOR BANK NIFTY FUTURES AND BULLS WILL HAVE AN UPPER HAND TILL BANK NIFTY FUTURES TRADES ABOVE 7000.



A BREACH OF 7000 CAN TAKE BANK NIFTY FUTURES TO THE LOWER REGIONS OF 6815 6737.



BELOW 7000 THIS REGION OF 6737 WILL ACT AS A STRONG SUPPORT OR SAY WILL ACT AS A BOUNCE BACK REGION.



BANK NIFTY HAS TO HIT BACK FROM 6737.
UNABLE TO HIT BACK FROM 6737 WILL DRAG BANK NIFTY FUTURES TO 6480 6330.



6330 IS THE LAST HOPE FOR THE BULLS AND FROM THIS REGION OF 6330 SHORT COVERING IS EXPECTED TO HAPPEN IN CASE OF A HUGE FALL.



HAVE A NICE TRADING SESSION



GANPATI BAPPA MORYA :D



HARI OM :D




REGARDS,
NISHIKANT K. HADGE
 
Last edited:
This is damn crazy trying to castigate a man who is trying his best to give tips. Even if he is dot to the TA 90% of the time .... well! how much do you gain? And rest 10% ... how much do you loose. Market has it's own way and if all the TA forcaste were to be true no body would loose in the market and all poverty can be eradicated.
You guys who castigate him may try and post TA of their own.

:mad::mad::mad:
I will call these as levels than Tips !
 

Nishikant

Well-Known Member
1st TARGET 4374 DONE



HARI OM :thumb:


MENTIONED AT 10:17 THAT NIFTY FUTURES WILL FACE RESISTANCE AT 4374 AND THE CURRENT INTRADAY HIGH AS OF NOW IS 4374.


NOW 4330 STANDS CRUCIAL FOR FURTHER INTRADAY SESSION.



GANPATI BAPPA MORYA :D



HARI OM :D



REGARDS,
NISHIKANT K. HADGE
 
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