NIFTY VIEW NOV 14

Hi,

On Friday we had written:” 15mins charts indicates pause in the fall around 5185-5174-5162”. NF made low of 5161.30 and closed at 5191.75.

We have covered our short (initiated around 5330) around 5190, clear gain of 140 points and then we have advised to go long around 5175 with stop loss of 5135.

Today while updating this SGX nifty is trading at 5261.

Today’s trading levels for Nifty Future:

Resistance: 5233-5254-5282-5333-5357

Support: 5161-5139-5064

Now today, 5233 is a first hurdle to watch, crossover above it will take NF to 5254-5258. On crossover above 5258 and sustaining above it will take NF to 5282.

Now time being 5161 will be a major support.

Today’s gap up opening will complete morning doji star pattern, which is a reversal pattern.

FII has sold NF worth 1324 crores on Friday so there can be aggressive selling at higher levels so trade your long with strict stop loss.

More details to our subscribers.

Regards

ANALYSENIFTY TEAM

NIFTY VIEW NOV 12

SEE NIFTYSPOT  CLEARLY SEEN 5140-5150 STRONG SUPPORT ZONE IF BROKEN SEEN 5030.,4950,4800 AND THAT TIME VERY FAST FALL  RES 5240,5350
 NIFTY BUYING SL 5140  AND SHORT SL 5350

NIFTY VIEW NOV 11

Hi,

On Wednesday, we had written:” Be cautious at higher levels and don’t leverage your long position. Trade with strict stop loss or trade with proper hedging position”.

Our first resistance for the day was 5333, NF made high of 5331.95 in the opening trade and fallen. Our bias towards upper side was valid till NF was above 5270 that too was negated on the ORB on lower side with the high at resistance in the opening trade.

Today while updating this SGX nifty is trading at 5176.

Today’s trading levels for Nifty Future:

Resistance: 5275-5333-5357

Support: 5185-5174-5162-5139-5064

Today, below 5208 there is a support zone of 5185-5174-5162. Break below 5162, NF will attempt for 5139.

15mins charts indicated pause in the fall around 5185-5174-5162.

On upper side, now 5275 will be a strong resistance.

Bulls will give their best to protect 5174 level today. Closing above 5174 is very important for bulls.

Regards,

analysenifty team

NIFTY VIEW NOV 9

Hi,

Since last two days NF has contracted its range.

Yesterday NF has spend some time to protect 5305 but eventually broken that level and made low of 5270.10, our support was 5279, and reversed to make high of 5333.75.

Today’s trading levels for Nifty Future:

Resistance: 5333-5357-5403-5436-5451-5467

Support: 5270-5221-5174

Last two day’s consolidation has shifted bias toward upper side (valid till above 5270).

Today, first NF will face resistance around 5333, on crossover above 5333; NF will take attempt for 5357. On crossover above 5357 will take NF to 5403, and as mentioned earlier which is a supply zone.

If NF manages to cross 5403 then also 5451 is a strong resistance.  

On lower side 5283-5270 is a strong support; break below it will take NF to 5221.

5174 is last hope for bulls.

Yesterday’s volume in NF was lowest volume after 1^st Aug’ 11. Be cautious at higher levels and don’t leverage your long position. Trade with strict stop loss or trade with proper hedging position.

More details to our subscribers.

Regards,

analysenifty team

NIFTY VIEW NOV 8

Hi,

On Friday, NF has broken 5333 on upper side and made high of 5353.95 but fallen. On lower side broken 5294 and made low of 5283.55, finally closed at 5316.85.

Today’s trading levels for Nifty Future:

Resistance: 5357-5403-5436-5451-5467

Support: 5279-5221-5174

Today, on remaining above 5305, NF will attempt for 5357. On crossover above 5357 will take NF to 5403, and as mentioned earlier which is a supply zone.

If NF manages to cross 5403 then also 5451 is a strong resistance.  

On lower side 5279 is a strong support; break below it will take NF to 5221.

5174 is last hope for bulls.

More details to our subscribers.

Regards,

ANALYSENIFTY TEAM

Nov 4 NIFTY UPDATE

Hi,

 NF has moved as we have written on 28^th Oct’ 11.

We have written that NF can not sustain above upper end of Bollinger band and same thing happened. After making high of 5402.75 on 28^th Oct’ 11, NF has remained down and made low of 5221.15 on yesterday.

Today’s trading levels for Nifty Future:

Resistance: 5333-5403-5436-5451-5467

Support: 5294-5266-5221

Today, 5333 will be the first hurdle for NF. Crossover above it with huge volumes and sustaining above it will take NF to 5403 which is again a supply zone. Look out for selling opportunity.

If NF manages to cross 5403 then also 5451 is a strong resistance.  

On lower side 5294-5266 are now supports for time being.

More details to our subscribers.

Regards,

ANALYSENIFTY TEAM

Nifty view for short term

sell nifty (spot) near 5300 -5320 sl 5400 tgt 5160-5050- 4960 or more
                                 or
below 5200 tgt same