DSKF16

NIFTY: INTRADAY Support & Resistance for 28th July 2017

DSKF16 Updated   
NSE:NIFTY   Nifty 50 Index
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.

Comment:
Nifty Nearing : "PCL: 9943"
Made a LOW @ 9949

FnO trader Enter LONG @ 9994

TARGET: 15 - 24 - 35+ point
SL: 20 point.
Comment:
NF: @ 10013+
Achieved 17 point (TGT #1)
Keep TSL As wish. / Bok Partial profit.
Comment:
After Given LONG View made a HIGH @ 10019.8
+25 point. Target #2 Achieved.

Keep TSL As wish. / Bok Partial profit.
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.
Comment:
NF Made NEW day High @ 10044, (previous was 10039.7
Ass mentioned Earlier.
Comment:
Filled Bearish Gap form after opening.


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