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NIFTY: INTRADAY Support & Resistance for 28th July 2017
Nifty 50 Index
NIFTY: INTRADAY Support & Resistance for 28th July 2017
By DSKF16
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Updated
Jul 28, 2017
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Jul 27, 2017
Intraday LEVELS Plotted on the CHART.
SCROLL UP & DN for MORE Levels (If Trading Range INCREASED)
NIFTY: Candle Pattern indicates Bulls struggling near All time High point
Indicators & Oscillators indicates "Sell on Rally".
TREND: MIX, Bias: -VE
Levels plotted on chart, Using AUG 2017 Series.
Though Volatility differs from July 2017 Series (as per FnO data).
(Chart Using Volatility of July 2017 Series in end of Description)
Trade Setup for FnO Traders on 28th July 2017:
LONG if Stay Above @ 10085 for 15 Min / Crossed @ 10095.
TGT: @ 10108 -
@ 10120
( HZ #1,Trend Finder Zone),
@ 10148
, @ 10171, @ 10186 - 10198 (HZ #2), @ 10225+
SHORT if Stay Below @ 10055 for 15 Min / Dipped @ 10046
TGT: @ 10031 -
@ 10020
( BZ #1,Trend Finder Zone),
@ 9992, @ 9968, @ 9954 - @ 9943 (BZ #2), 9915-
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
The levels mentioned below mentioned chart
using Volatility of July 2017 Series.
Compare with Main Chart while trading.
Jul 28, 2017
Note
Nifty Nearing : "PCL: 9943"
Made a LOW @ 9949
FnO trader Enter LONG @ 9994
TARGET: 15 - 24 - 35+ point
SL: 20 point.
Jul 28, 2017
Note
NF: @ 10013+
Achieved 17 point (TGT #1)
Keep TSL As wish. / Bok Partial profit.
Jul 28, 2017
Note
After Given LONG View made a HIGH @ 10019.8
+25 point. Target #2 Achieved.
Keep TSL As wish. / Bok Partial profit.
Jul 28, 2017
Trade closed: target reached
Till now made High @ 10026 (After entry LONG)
+32 pointt
@ 10029 looks Crucial.
Safe trader can EXIT @ 10029 or as WISH
Though has Potential to made NEW DAY HIGH.
Jul 28, 2017
Note
NF Made NEW day High @ 10044, (previous was 10039.7
Ass mentioned Earlier.
Jul 28, 2017
Note
Filled Bearish Gap form after opening.
Beyond Technical Analysis
Fibonacci
Support and Resistance
DSKF16
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Also on:
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