Nifty Futures Weekly And Intraday Analysis Trend Report

[vasamihir]

Nifty will breach 4144 today - possibly open at that level.

 

[biswa]

Nisikant Bhai Good Morning SGX NIFTY is trading at 4149 .Market may open 70-90 points down .Please give your expert view for 1st hour of trading.

regards

Biswa M

 

[Nishikant]

4144 Remained Intact

HARI OM DEAR FRIENDS :thumb:


NIFTY FUTURES AS MENTIONED IN THE INTRADAY TREND REPORT, MANAGED TO STAY ABOVE THE 4144 MARK.



"""""BUT THE BAD NEWS HAS COME IN A FACT THAT 4202 THE WEEKLY LOW HAS BEEN BREACHED""""""



NOW IF YOU SEE ON THE UPSIDE



4205 - 4225 - 4252 WILL ACT AS A RESISTANCE



4184 - 4140 WILL ACT AS A SUPPORT IN CASE OF FURTHER DOWNFALL.



FOR THE SAME INTRADAY UPTREND TO REMAIN INTACT, THE WEEKLY LOW OF 4202 NOW BECOMES THE TREND DECIDER FOR THE REST OF THE TRADING SESSION.


""""UNLESS AND UN TILL NIFTY FUTURES DOES NOT SUSTAIN ABOVE THE WEEKLY LOW OF 4202 FURTHER UPSIDE WILL BE A RARE VIEW""""




SO 4202 BECOMES THE IMMEDIATE RESISTANCE ON THE UPSIDE



HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[WOD]

not comfortable, going short from 4170; though alreaday decided to go short below 4180....

waiting for 4140 or 4210 level to go long.....

 

[dhiraj123]

i am short at 4180

 

[dhiraj123]

please nishikant tell me whether 4202 -4210 is stop loss?

 

[biswa]

I am short at 4170 . Nisikant Bhai pl give the SL level. Now at 4188

 

[WOD]

Expect a level of 4215 till 12.30.........EU will open negative then only to drag nifty upto 4160......

offcousre my view and I could be wrong.....

 

[Nishikant]

Bulls Active Above 4184

Expect a level of 4215 till 12.30.........EU will open negative then only to drag nifty upto 4160......

offcousre my view and I could be wrong.....

HARI OM DEAR FRIENDS :thumb:

4184 - 4175 IS THE IMMEDIATE SUPPORT AS OF NOW


ON THE UPSIDE 4190 - 4206 - 4221 BECOMES THE IMMEDIATE RESISTANCE.


TILL 4184 - 4175 REMAINS INTACT, BULLS WILL BE ACTIVE.


UNABLE TO SUSTAIN ABOVE 4184 - 4175 WILL BE A BLESSING FOR THE SHORT SELLERS.


ABOVE 4175 - 4184 BEARS REMAIN TRAPPED.



HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Above bounce back level nifty remains strong

hari om dear friends

nifty futures bounce back level of 4184 was mentioned earlier.


If nifty futures trades above the bounce back zone then exit short.


Selling nifty at 4170 was a bad idea. Because nifty futures had already made a day low of 4155.


Last support for nifty futures mentioned was 4144 - 4139.


So if nifty futures is trading above the last support region of 4144 and if you go short at 4170 then your stop loss should be placed above the bounce back region of 4184


regards,
nishikant k. Hadge