NIFTY: Week Ahead, Spot & FUT Levels Weekly(30/07/18) Basis
Bearish Alt AB = CD (1.13 Ext.)
Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) / 11363 - 11377 (Fut)
Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot)
...levels plotted 7 mentioned in Chart.
Some important Data:
PCR: 1.38 (Over Bought 1.4 - 1.7)
RSI(14): 73.99, RSI(9): 66.75
BB: Closed Above BB
IndiaVIX: 12.31 (Prev. - 12.03) +2.39%
Interpretation:
When increases NIFTY Falls
Though in Last Trading Reversed.
Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) / 11363 - 11377 (Fut)
Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot)
...levels plotted 7 mentioned in Chart.
Some important Data:
PCR: 1.38 (Over Bought 1.4 - 1.7)
RSI(14): 73.99, RSI(9): 66.75
BB: Closed Above BB
IndiaVIX: 12.31 (Prev. - 12.03) +2.39%
Interpretation:
When increases NIFTY Falls
Though in Last Trading Reversed.
Comment:
DJI: Closed FLAT. Bears loose some Ground.
Is NIFTY Shows the Path of Today's Dow-Jones?
If So Gap Down -> Test 11185 - 11175 (Demand Arena) -> Bounced to 11247 - 11275+ (Profit Booking Zone)
Is NIFTY Shows the Path of Today's Dow-Jones?
If So Gap Down -> Test 11185 - 11175 (Demand Arena) -> Bounced to 11247 - 11275+ (Profit Booking Zone)
Comment:
Snapshot of NIFTY along with NF Levels for 03/08/2018
Probable RANGE: 60
(Based on LCP: 11340
UP Side: 11358 - 11370 - 11382 - 11393 - 11408 - 11416 - 11438+
DN side: 11321 - 11310 - 11298 - 11286 - 11272 - 11263 - 11242-