nifty view aug 28

GM

 Today, while updating this SGX nifty is trading at 5374.

Today’s trading levels for Nifty Future:

Resistance: 5384-5393-5411-5437-5468

Support: 5356-5320-5283-5249

Today, 5384-5393 are immediate resistances for NF. Now in strong control of bears, NF will not cross 5384-5393 levels. If NF manages to cross these levels then it will take NF to 5411, which is another strong resistance. Above 5411, 5437 is a last hope for bears.

On lower side, below 5356, NF will go up to 5320. Bears will give to use all power to break 5320 level to break. On break below 5320 expect not stop fall up to 5283.

In last two days NF has gone down then also FIIs have been buyers in NF in last two days, quite interesting.

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 AUG 23

GM

 Today, while updating this SGX nifty is trading at 5445.

Today’s trading levels for Nifty Future:

Resistance: 5454-5468-5514-5540-5568

Support: 5423-5404-5395-5388-5378-5351-5320

Today, again 5423 will be an important level for NF. On open/sustaining above/below will indicate strength and weakness of NF respectively.

On sustaining above 5423, NF again will take attempt to cross 5454-5468. On crossover above 5468 with volumes and sustaining above it will take NF to 5514.

On sustaining below 5423 will take NF to 5404-5395. Below 5395, 5388-5378 are last hope for bulls. Now to continue this uptrend, NF must protect 5383 level.

Now, if NF is breaking 5370 level then exit from all long position immediately. We were expecting top of this rally on last Friday or on this Tuesday and then sharp fall in the market. Let’s see what happens. Reason, we don’t know.

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 AIG 21

GM

Today, while updating this SGX nifty is trading at 5396.

Today’s trading levels for Nifty Future:

Resistance: 5388-5406-5417-5440-5454-5468-5514

Support: 5363-5351-5346-5320-5297-5256

Today, 5388 will be an important level for NF. On open/sustaining above/below will indicate strength and weakness of NF respectively.

On sustaining above 5388 will take NF to 5406-5417 which is still a strong resistance. If NF manages to cross this level then also 5440-5454 are another zone from where one can expect huge supply. On crossover above 5454 with volume and close above 5454 will increase chances of 5514 but one has to alert now.

On sustaining below 5388 will take NF to 5363-5351-5346 levels which are strong supports for NF. Ideally to keep this trend up NF must protect these levels. Bulls will give their best to protect these levels. Break below 5320 will confirm the end of this uptrend.

Now, if NF is breaking 5320 level then exit from all long position immediately. We are expecting top of this rally on this Friday or on next Tuesday and then sharp fall in the market. Reason, we don’t know.

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 aug 14

Hi,

Yesterday we had written: “If not sustaining above 5343 then it will take NF to 5320-5313 level. Bulls will give their best to protect these levels”.

Yesterday NF opened at 5338 remained below 5343 and in panic made low of 5326.85. In last one hour NF had given rally to make high of 5377.70 and closed at 5371.90.

Today, while updating this SGX nifty is trading at 5371.

Today’s trading levels for Nifty Future:

Resistance: 5376-5384-5394-5402-5414-5440-5454

Support: 5357-5328-5304-5285-5267-5259

Today, 5376 will be first hurdle for NF. Open above or below 5376 will indicate strength or weakness of NF respectively. Anyway above 5376, we are in a strong resistance zone of 5384-5394-5402-5414. It will be tough for NF to cross these levels. If NF manages to cross these levels then also 5440-5454 are another zone from where one can expect huge supply.

On lower side 5357 is an important support for NF. Ideally NF should not go below 5357 without making new high. Below 5357, 5328 is another strong support for NF.

Now, if NF is breaking 5320 level then exit from all long position immediately. We are expecting top of this rally on this Friday or on next Monday and then sharp fall in the market. Reason, we don’t know.

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”.

NF made high of 5393.55, almost achieved 5400 level.

regards 

analysenifty team 

nifty view aug 13

GM

Today, while updating this SGX nifty is trading at 5345.

Today’s trading levels for Nifty Future:

Resistance: 5357-5384-5394-5402-5414-5454

Support: 5343-5320-5313-5285-5267-5259

Today, 5343 will be an important level to watch. On open above/below and sustaining above/below will indicate strength and weakness of NF respectively. On sustaining above 5343 will take NF to 5357. On crossover above it will take again NF to a supply zone of 5384-5394-5402-5414.

If not sustaining above 5343 then it will take NF to 5320-5313 level. Bulls will give their best to protect these levels. If NF manages to break and sustain below 5313 then NF will go up to 5285-5267.

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”.

NF made high of 5393.55, almost achieved 5400 level.

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 AUG 8

GM

 

Today, while updating this SGX nifty is trading at 5366.

Today’s trading levels for Nifty Future:

Resistance: 5364-5402-5414-5454

Support: 5319-5308-5272-5265

Today, again 5364 will provide resistance. On crossover above it with volumes and sustaining above it will take NF to 5402-5414 levels. If NF is crossing these levels too then next hurdle will be 5454.

On lower side 5319-5308 will be immediate supports for NF. In a strong position of bulls, these levels should be protected. Below it, 5272-5265 are strong supports. To continue this trend up, these levels should be protected.

Technically now we are over bought in hourly chart. One can expect a deep from 5400 level.

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”.

Yesterday NF made high of 5366.80 and now all set to cross 5400 level too.

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 AUG 6

Today, while updating this SGX nifty is trading at 5289.

Today’s trading levels for Nifty Future:

Resistance: 5268-5282-5292-5316-5323

Support: 5239-5217-5176-5168

Today, again 5268 will provide resistance for NF. On crossover above 5268 will take NF to 5282-5292. One has to be alert around 5282-5296 zone as it is a huge supply zone and there is a gap at 5280-5313. 5316-5323 is also a strong resistance for NF.

Now on lower side 5239 and 5217 are strong supports for NF.

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 AUG 3

 GM

Today, while updating this SGX nifty is trading at 5224.

Today’s trading levels for Nifty Future:

Resistance: 5268-5282-5296-5316

Support: 5238-5218-5209-5182-5151

Today, again 5268 will provide resistance for NF. On crossover above 5268 will take NF to 5282-5296. One has to be alert around 5282-5296 zone as it is a huge supply zone and there is a gap at 5280-5313. 5316 is also a strong resistance for NF. In short above 5255, we are now in supply zone.

Now on lower side 5238 will be immediate support for NF. on break below it will take NF to 5218-5209 levels which are strong supports for NF. Chances are less to break these levels but if NF manages to break these levels then it will take it to 5182. Below it 5151 is another level to watch.

Yesterday’s volume of NF was one of the lowest volumes of last couple of years or more, which is not a good sign for the market.

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