NIFTY VIEW JULY 31

GM

Yesterday we had written: “Today, above 5138, 5148-5159 will be hurdles for NF. On crossover above it will take NF to 5179 level which will again be a crucial level to watch. On crossover above it will take NF to a strong supply zone of 5199-5210-5232-5238”.

Yesterday NF opened at 5157 and remained above 5159. In morning session faced resistance around 5179 but once crossed it then given rally up to 5224.

Today, while updating this SGX nifty is trading at 5246.

Today’s trading levels for Nifty Future:

Resistance: 5232-5238-5255-5268-5282-5316

Support: 5192-5161-5155-5129-5107-5093

Today, 5232-5238 will be first hurdles for NF. On cross over above it will take NF to resistance zone of 5255-5268-5282. Every thing will be depend on RBI policy. If there is some rate cut in the policy then NF will cross these levels and will give rally up to 5316-5332.

On lower side 5192 will be immediate support. On break below it will take NF to strong support zone of 5161-5155. In worst case only NF will break these levels. If NF is breaking these levels then expect bloodbath up to 5093.

Technically NF is in uptrend right now. We are expecting that if nothing is there in RBI policy then also NF will hold 5161-5155 levels. But don’t be rigid and trade with levels only.

For time being 5031 is a strong base on lower side. As and when NF will break this level expect sharp fall in the market with and really bad news.

We had already written this: “We are expecting a rally at least up to 5400 before any further sizable correction or before any crash in the market. It can be a best chance to exit from the market. But don’t be rigid and trade with levels only”.

Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

.

Regards,

ANALYSENIFTY  TEAM 

nifty view 30 july

 GM

Today, while updating this SGX nifty is trading at 5165.

Today’s trading levels for Nifty Future:

Resistance: 5138-5148-5159-5179-5199-5210-5232-5238

Support: 5106-5093-5071-5031-4991

Today, above 5138, 5148-5159 will be hurdles for NF. On crossover above it will take NF to 5179 level which will again be a crucial level to watch. On crossover above it will take NF to a strong supply zone of 5199-5210-5232-5238.

On lower side 5106-5093 are strong supports. If NF manages to break 5106-5093 levels with huge volume than chances are less for NF to stop at 5071 but one has to be careful around that level.

For time being 5031 is a strong base on lower side. As and when NF will break this level expect sharp fall in the market with and really bad news.

NF has made low on 13^th day from the high of 5364 and as expected NF has given reversal.

We had already written this: “We are expecting a rally at least up to 5400 before any further sizable correction or before any crash in the market. It can be a best chance to exit from the market. But don’t be rigid and trade with levels only”.

Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

Regards,

analysenifty team

nifty view july 26

Today, while updating this SGX nifty is trading at 5110.

Today’s trading levels for Nifty Future:

Resistance: 5126-5150-5171-5221

Support: 5093-5063-5031-4991

Today, 5093 will provide strong supports. On break below 5093 will take NF to 5063. Below it 5031 is another level to watch.

On upper side now, 5126 will be strong resistance. For any upside NF must cross and sustain above 5126. On crossover above 5126 will take NF to 5150. On crossover above 5150, there is a strong supply zone of 5171 which will be difficult for NF to cross. If NF manages to cross 5171 then 5221 will be last and final hurdle for sharp rally.

Price of 5000 put and 5200 call indicates expiry may be between 5100-5200, at least above 5100.

Technically there is a strong +ve divergence in hourly chart. NF is in highly oversold zone in hourly chart. In daily chart NF is at lower end of Bollinger band which will increase chances of reversal. Crossover above 5126 will be first indication of reversal and close above 5171 will confirm it.

We had already written this: “We are expecting a rally at least up to 5400 before any further sizable correction or before any crash in the market. It can be a best chance to exit from the market. But don’t be rigid and trade with levels only”.

Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

.

Regards,

analysenifty team 

NIFTY VIEW JULY 19

Hi,

Yesterday we had written: “On lower side, 5161 is a strong support zone. It will be difficult for bears to break this level. Bulls will give their best to protect 5161 level. If NF manages to break and sustain below 5161 then 5145 will be last hope for this year”.

In panic NF made low of 5177.2 and reversed.

For upper side we had written: “Today, now 5217 will be first hurdle for NF. On crossover above 5217 will take NF to 5232-5247 level zone which is a strong resistance zone”.

After making low of 5177.20, NF reversed and made high of 5237.25 and closed at 5223.55.

Today, while updating this SGX nifty is trading at 5264.

Today’s trading levels for Nifty Future:

Resistance: 5241-5271-5317-5366

Support: 5220-5161-5145-5114-5093-5063

Today, above 5241, 5271 will be an important level to watch as it is a good resistance for NF. On crossover above 5271 will take NF to 5317. If NF manages to cross 5317 then next hurdle will be at 5366.

On lower side, now 5220 will be strong support for NF. Chances are less to break this level but on break below it will again take NF to 5175-5161 zone. If NF manages to break and sustain below 5161 then 5145 will be last hope for this year.

One may find overstating statement but: “Break below 5093 will confirm the end of any rally of this year”.

Yesterday we had already written this: “We are expecting a rally at least up to 5400 before any further sizable correction or before any crash in the market. It can be a best chance to exit from the market. But don’t be rigid and trade with levels only”. Result is in front of your eyes.

Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it.

Regards,

ANALYSENIFTY TEAM 

NIFTY VIEW JULY 18

Hi,

On yesterday we had written: “Today, on upper side 5229-5236-5240 are immediate resistances for NF. On sustaining above 5240 will take NF to 5262 which will provide resistance”.

Yesterday, NF opened at 5245.25 but could not sustain above 5240. It took attempt to cross and sustains above 5240 but failed. Eventually in panic made low of 5188.20.

Today, while updating this SGX nifty is trading at 5197.

Today’s trading levels for Nifty Future:

Resistance: 5217-5232-5247-5276-5320-5366

Support: 5161-5145-5114-5093-5063

Today, now 5217 will be first hurdle for NF. On crossover above 5217 will take NF to 5232-5247 level zone which is a strong resistance zone. If NF manages to cross and sustain above 5247 then also 5276 will remain a strong resistance for NF.

On lower side, 5161 is a strong support zone. It will be difficult for bears to break this level. Bulls will give their best to protect 5161 level. If NF manages to break and sustain below 5161 then 5145 will be last hope for this year.

One may find overstating statement but: “Break below 5093 will confirm the end of any rally of this year”.

We are expecting a rally at least up to 5400 before any further sizable correction or before any crash in the market. It can be a best chance to exit from the market. But don’t be rigid and trade with levels only.

Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it.

Regards,

 

ANALYSENIFTY TEAM 

NIFTY VIEW JULY 17

On yesterday also we had written: “On lower side, today also 5229 will be a good support for NF. On break below 5229 with huge volume and sustaining below it will take NF to 5201”.

Yesterday, in panic NF made low of 5199 but bounced back above 5201 immediately, could not sustain below 5201.

Today, while updating this SGX nifty is trading at 5241.

Today’s trading levels for Nifty Future:

Resistance: 5229-5236-5262-5282-5323-5366

Support: 5199-5161-5114-5093-5063

Today, on upper side 5229-5236-5240 are immediate resistances for NF. On sustaining above 5240 will take NF to 5262 which will provide resistance. If NF manages to cross this level then it will go up to 5282, where bears will be highly aggressive. 5323 is last hope for bears.

On lower side, now 5199 will be a good support for NF. Below 5199 expect non stop fall up to 5161 level.

If NF is not breaking 5199 and closes above 5236 then chances are bright for the rally up to 5400 in next few days. One can take chance of going long above 5236 with small and strict stop loss.

Regards,

 

ANALYSENIFTY TEAM

nifty view july 16

HI  GM

Today, while updating this SGX nifty is trading at 5252.

Today’s trading levels for Nifty Future:

Resistance: 5265-5277-5281-5297-5330-5366

Support: 5229-5215-5201-5161          -5114

Today, on upper side 5265-5277-5281 is a strong resistance zone for NF. On crossover above 5281 will take NF to 5297-5307-5330, which is another supply zone. Bears will be aggressive around this zone.  

On lower side, today also 5229 will be a good support for NF. On break below 5229 with huge volume and sustaining below it will take NF to 5201. Below that expect non stop fall up to 5161 level.

Regards,

ANALYSENIFTY TEAM 

NIFTY VIEW JUNE 11

HI

Today’s trading levels for Nifty Future:

Resistance: 5366-5380-5402-5417

Support: 5330-5314-5304-5288-5243-5229-5201          

Today, 5366 is immediate resistance for NF. On crossover above it will take NF to 5380 level which is another resistance. If NF manages to cross and sustain above 5380 then it will go up to 5402-5417 levels.

On lower side, 5330 is a strong support for NF. On break below it will take NF to 5314-5304. In a strong control of bulls NF will not break 5304 level. Below 5304, 5288 is last hope for NF.

Regards,

ANALYSENIFTY TEAM 

NIfty View july 9

HI

Today, while updating this SGX nifty is trading at 5317.

Today’s trading levels for Nifty Future:

Resistance: 5332-5351-5366-5372-5402-5417

Support: 5325-5288-5276-5238-5224-5215-5159          

Today, 5325 is immediate support for NF. On break below and remaining below 5325 will take NF to 5288-5276. If NF manages to break 5288-5276, expect non stop fall up to 5238-5224-5215.

On upper side 5332, 5351-5366-5372 remains a strong resistance zone. We may witness selling around these levels. If NF manages to cross 5366-5372 then also 5402-5417 is a strong supply area.

Regards,

analysenifty team 

NIFTY VIEW JULY 6

  HERE  SEEN RSI  OVER BOUGHT ZONE  NEAR 70

 AND SEN ADX SIGNAL RED NEAR 5  THAT MEANS SOME PANIC IS COMING

ALSO OUR INDIA VIX INDEX NEAR 18




 BUY 5200 PUT AND HOLD FOR TGT 5170,5050 SL MAX 5450

NIFTY VIEW JULY 6 WEEKLY

  SEE NIFTY WEEKLY CHART 5400-5420 RES ZONE

NIFTY VIEW JULY 6

 HERE SEEN DAILY CHART  NIFTY SPOT 5350-5380 RES ZONE

NIFTY VIEW 5 JULY

Today, while updating this SGX nifty is trading at 5328.50.

Today’s trading levels for Nifty Future:

Resistance: 5334-5366-5372-5402-5417

Support: 5302-5274-5253-5228-5214-5159          

Today, again 5334 will be first hurdle for NF. Above 5334, still 5366-5372 remains a strong resistance zone. We may witness selling around these levels. If NF manages to cross 5366-5372 then also 5402-5417 is a strong supply area.

Now on lower side 5302 is a strong support. On break below it with huge volumes will take NF to 5253 which is another strong support zone. Bulls will give their best to protect 5253 level. Below 5253, 5228-5214 are last hope for bulls.

Till NF is above 5228-5214, there is no problem for bulls.

REGARDS 
ANALYSENIFTY TEAM

Nifty view jul 3

Hi,

Yesterday we had written: “If NF is not sustaining above 5310 then it will go up to 5275-5263-5256 level”.

Yesterday NF opened at 5311.25 but could not sustain above 5310 and made low of 5278.15.

After making low of 5278.15, NF has rallied up to 5324.90 but again fallen up to 5290.

Today, while updating this SGX nifty is trading at 5318.

Today’s trading levels for Nifty Future:

Resistance: 5325-5366-5402-5417

Support: 5275-5267-5258-5223-5204-5159          

Today, 5325 will be first hurdle for NF. On crossover and remaining above will take NF to 5366 level, which will provide some short of resistance. If NF manages to cross this level too then it will take NF to 5402-5417, here bears will be highly active.

On lower side below 5290, 5275-5267-5258 are strong supports. On break below it with huge volumes will take NF to 5223-5204 but chances are less.

Yesterday’s volume of NF was lowest after 14^th May’ 12  and then also NF is going up so as and when bears will get active then expect sharp fall. But till NF is above 5204, there is no problem for bulls.

Regards,

Analysenifty team

Nifty view jul 2

Gm

Today, while updating this SGX nifty is trading at 5307.

Today’s trading levels for Nifty Future:

Resistance: 5310-5366-5402-5417

Support: 5275-5263-5256-5220-5203-5173          

Today, 5310 will be first hurdle for NF. On crossover and remaining above will take NF to 5366 level, which will provide some short of resistance. If NF manages to cross this level too then it will take NF to 5402-5417.

If NF is not sustaining above 5310 then it will go up to 5275-5263-5256 level. Break below it with volumes will take NF to 5220, a strong support for NF.

Regards,

Analysenifty Team