NIFTY: Support & Resistance for 02nd Aug 2017 (FUTURE & Spot)
What NEXT on 02nd Aug 2017. (Spot & Future)
Intraday LEVELS Plotted on CHART.
Today's Candle: Long Legged Doji / PIN, as Expected yesterday & mentioned in Post.
Fig Description on Chart. (TOP Left)
Technical Indicator: Stoch , ROC & some others are OverSold.
FII data also Indicates reversal.
TREND: Flat to -VE, Bias: Mixed
Today's trading range was : 62.35
mentioned In Last POST "69 to 78 point, Extended to 103 point."
Expected Trading Range for 01st Aug 2017 : 58 to 79 point, Extended to 97+ point.
VIEW: NEUTRAL to -VE, SHORT in Higher Level.
Trade Setup for FnO Traders on 02nd Aug 2017:
LONG if Stay Above @ 10161 for 15 Min / Crossed @ 10169.
TARGET: @ 10181 - @ 10192 ( HZ #1,Trend Finder Zone),
@ 10217 @ 10238, @ 10251 - @ 10261 (HZ #2), @ 10286+
SHORT if Stay Below @ 10134 for 15 Min / Dipped @ 10126
TARGET: @ 10113 - @ 10103 ( BZ #1,Trend Finder Zone),
@ 10078, @ 10057, @ 10045 - @ 10034 (BZ #2), 10010-
Snapshot of "Chart of FUTURE Intraday LEVELS" will be updated Later.
If enriched your knowledge,
Please don't forget to LIKE, SHARE.
Comment appreciated.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Intraday LEVELS Plotted on CHART.
Today's Candle: Long Legged Doji / PIN, as Expected yesterday & mentioned in Post.
Fig Description on Chart. (TOP Left)
Technical Indicator: Stoch , ROC & some others are OverSold.
FII data also Indicates reversal.
TREND: Flat to -VE, Bias: Mixed
Today's trading range was : 62.35
mentioned In Last POST "69 to 78 point, Extended to 103 point."
Expected Trading Range for 01st Aug 2017 : 58 to 79 point, Extended to 97+ point.
VIEW: NEUTRAL to -VE, SHORT in Higher Level.
Trade Setup for FnO Traders on 02nd Aug 2017:
LONG if Stay Above @ 10161 for 15 Min / Crossed @ 10169.
TARGET: @ 10181 - @ 10192 ( HZ #1,Trend Finder Zone),
@ 10217 @ 10238, @ 10251 - @ 10261 (HZ #2), @ 10286+
SHORT if Stay Below @ 10134 for 15 Min / Dipped @ 10126
TARGET: @ 10113 - @ 10103 ( BZ #1,Trend Finder Zone),
@ 10078, @ 10057, @ 10045 - @ 10034 (BZ #2), 10010-
Snapshot of "Chart of FUTURE Intraday LEVELS" will be updated Later.
If enriched your knowledge,
Please don't forget to LIKE, SHARE.
Comment appreciated.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Mentioned PCL: @ 10052.
Also Notice day candle.
Show in Diagram
#1 "Bear candle with Long Body".
#2. LOW Middle of the BODY, Candle formed on 31st July.
Watch Time Line for Tomorrow's Intraday level, Published Shortly.