Nifty 50 IndexUpdated NIFTY : What NEXT on 12th JULY 2017. (Spot & Future)
Intraday LEVELS Plotted in CHART.
NIFTY: Candle Pattern Generate MIX Signal.
Indicators & Oscillators also MIXED in character.
Though MACD, RSI till now in BUY Zone,
TREND: UP, Bias: -VE
VIEW: NEUTRAL (LONG in Lower Level)
Summery of Today's Trade:
#1. TEST Upper Band Of HZ #1 & BOUNCED.
#2. HIT Strong Level of Phase - II @ 9828
#3. Closed @ 9786.05 in line of HZ #1 (Lower Band @ 9787)
Tomorrows Trade Setup For FnO Traders:
Either LONG / Short updated within Market Hours.
Like today, "FnO trade Can SHORT / Long 9800 PUT for
15 to 30 point (Fut.) Gain
SL: Upper Band of HZ #2."
PROFIT Point: 40 point (in FUT)
LONG if Stay Above @ 9802 for 15 Min / Crossed @ 9808.
TGT: @ 9818 - @ 9825 ( HZ #1,Trend Finder Zone),
@ 9843, @ 9858, @ 9867 - 9875 (HZ #2), @ 9893+
SHORT if Stay Below @ 9783 for 15 Min / Dipped @ 9777
TGT: 9768 - 9760 ( BZ #1,Trend Finder Zone),
@ 9743, @ 9727, @ 9718 - @ 9711 (BZ #2), 9693-
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Snapshot of NIFTY 11th July 2017
NIFTY: Candle Pattern Generate MIX Signal.
Indicators & Oscillators also MIXED in character.
Though MACD, RSI till now in BUY Zone,
TREND: UP, Bias: -VE
VIEW: NEUTRAL (LONG in Lower Level)
Summery of Today's Trade:
#1. TEST Upper Band Of HZ #1 & BOUNCED.
#2. HIT Strong Level of Phase - II @ 9828
#3. Closed @ 9786.05 in line of HZ #1 (Lower Band @ 9787)
Tomorrows Trade Setup For FnO Traders:
Either LONG / Short updated within Market Hours.
Like today, "FnO trade Can SHORT / Long 9800 PUT for
15 to 30 point (Fut.) Gain
SL: Upper Band of HZ #2."
PROFIT Point: 40 point (in FUT)
LONG if Stay Above @ 9802 for 15 Min / Crossed @ 9808.
TGT: @ 9818 - @ 9825 ( HZ #1,Trend Finder Zone),
@ 9843, @ 9858, @ 9867 - 9875 (HZ #2), @ 9893+
SHORT if Stay Below @ 9783 for 15 Min / Dipped @ 9777
TGT: 9768 - 9760 ( BZ #1,Trend Finder Zone),
@ 9743, @ 9727, @ 9718 - @ 9711 (BZ #2), 9693-
If enrich your knowledge and would help you in trading,
Please don't forget to Hit / Click Like button.
Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Snapshot of NIFTY 11th July 2017
Note
Snapshot of Daily ChartNote
What RENKO Chart Suggests?invst.ly/4c833
Note
SUMMERY of Today's TRADEToday's LOW at 9786.2 above 3 point of
Mentioned "Short Below 9383"
Made High 9830, In Last hour of Trade,
Mentioned upper Band of HZ #1 at 9825
& Closed with "+VE" Note at 9828.65
3.65 point ABOVE HZ #1 Upper Band.
Basis : Nifty FUT, as NIFTY Spot is not Trading Instrument.
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