DSKF16

NIFTY: What's NEXT ? Spot & FUT important Levels for 7th Aug '17

NSE:NIFTY   Nifty 50 Index
NIFTY FUTURE: "Perfect Bullish Engulfing"
Though in Case of NIFTY Spot it is 15 point in Upper side (i.e Close is 16 point Lower than Open of 03/08/2017)
Little Bit Confusion.
One of the reason, Announcement of Stake Sell from GOI (through "ETF" root) Boosts sentiment.

What's NEXT for 07th Aug 2017 ?

Trend: UP with some sluggishness in Up-level.

Strong Level Between : 10093 to 10110

What are the possibilities?
#1. Long legged Doji / PIN.
#2. Hanging Man
#3. Another Bull candle with Big body

Trade Setup for FnO Traders on 07th Aug 2017:

LONG if Stay Above @ 10125 for 15 Min / Crossed @ 10134.

TARGET: @ 10147 - @ 10158 ( HZ #1,Trend Finder Zone),
@ 10185 @ 10207, @ 10220 - @ 10232 (HZ #2), @ 10258+

SHORT if Stay Below @ 10097 for 15 Min / Dipped @ 10088

TARGET: @ 10075 - @ 10064 ( BZ #1,Trend Finder Zone),
@ 10037, @ 10015, @ 10002 - @ 9991 ( BZ #2), 9965-

More Updates on Market hours, regarding where to Enter / Exit.

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

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

SNAPSHOT: NIFTY Future Intraday level. Trade Date: 07th Aug 2017.
https://www.awesomescreenshot.com/image/...

As in this platform Future Chart was not loaded, so pasted Image link

With warm regards.

DSKF16.
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