TradingView
DSKF16
Aug 16, 2017 3:30 PM

NIFTY: What's NEXT ? Spot & FUT important Level for 17th Aug '17 

Nifty 50 IndexNSE

Description

Summery of Last Day's Post:
NIFTY FUT: LTP @ 9907, exact same as mentioned Ext. TARGET #2: @ 9907.
As possibility of Both Side trade, mention here both side setup.
& Also Investment Strategy as "NEUTRAL"

Trade Set UP for 17th Aug 2017:

Possible LONG above @ 9938

Target: @ 9956, @ 9970- @ 9987(HZ), @ 10005+

Possible SHORT Below @ 9888

Target: @ 9877, @ 9857- @ 9844(HZ), @ 9809-

* More Updates (SHORT or LONG Entry) on Market Hours, as Scenario may Change due to High Volatility.

Screenshot of NIFTY Future Levels (Chart VIEW) will be published later as Update.

For FnO strategy (Strategy of Calculative Loss), on Query.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledge.

Comment

NIFTY FUT, As of NOW:
HIGH @ 9940 (mentioned level: 9938
LOW @ 9981.60, mentioned @ 9888
Can say Calculation works ? also notice Accuracy.
Comments
ddw
Yes Sir. Agreed & Noted it.
DSKF16
@ddw, strategy for range bound trading / happens in reversal & after 1-2 day Strong Rally. like on 14/08/2017 NIFTY +84 (High +108 point), on 16/08/2017 NIFTY +103 (High +109 point)

Discl: some time will not follow. watch previous occasions as Back test.
ddw
Nifty spot.Not crossed 9938 & tumbulled.
Moving towards 9888 & below that 9877 will see print. Great analysis sir..Like it.
DSKF16
@ddw, As mentioned in post, quoted here.

"As possibility of Both Side trade, mention here both side setup.
& Also Investment Strategy as NEUTRAL"

Means (i.e. Strategy) Risky player can Short @ 9938+ (day High @ 9940) having SL: @ 9960+ (just Above TGT #1 @ 9956 )

& Cover Near @ 9888 (day Low as of Now @ 9885) & Fresh Long Near @ 9888 having SL: @ 9867- (btw TGT #1: @ 9977 & TGT #2 @ 9957, Though Better is @ 9957-)
ddw
Analysis is very useful.
DSKF16
@ddw, Thanks. Motivate me to do more (in Stock) & much more accurate.
d.umesh
Thnx sir Ur hardwork for us🙏
DSKF16
@d.umesh, Most welcome. If reach to many more members & it will also useful for themselves, I will be more satisfied.
More