S&P CNX NIFTY INDEX FUTURESUpdated NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY
INDEX SUMMARY
-SGX NIFTY IS SHOWING A 40 POINT NEGATIVE START
-NIFTY INDEX CREATED A INSIDE BAR ON FRIDAY AND GAPPED UP TODAY
-IMPORTANT PART IS THAT THE INDEX MANAGED TO TRADE AND SUSTAIN ABOVE TO CRUCIAL POINTS
-11815/11855
-BULLISH MARABUZO CANDLE AFTER A INSIDE BAR IS INDICATING FURTHER MOMENTUM
-INDEX IN THE PAST HAS MANAGED TO TEST 12000 WHENEVER IT HAS CLOSED ABOVE 11850
-CRUCIAL SUPPORT COMES IN @11815
-CRUCIAL RESISTANCE COMES IN @11950
-INDEX IF MANAGES TO TAKE OUT 12015 ON THE UPSIDE THEN WE WILL SEE A SHARP DASH TOWARDS 12070
-ON THE DOWNSIDE IF INDEX BREAKS BELOW 11815 WILL BE NEGATIVE FOR THE INDEX
-ANY CORRECTION TOWARDS 11815-11855 SHOULD BE A BUYING OPPORTUNITY
-WAIT AND WATCH FOR DASH TRADES EXECUTE TRADE IF LEVELS ARE BREACHED
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF MARKET CROSSES ABOVE 11915
NIFTY FUTURES TRADE
BUY@11918
STOP@11888
TARGET@11948
QTY=300
-IF MARKET CROSSES ABOVE 12010
NIFTY FUTURES TRADE
BUY@12015
STOP@11970
TARGET@12075
QTY=300
RESISTANCE FOR THE DAY (FUT)
11945-11915-11975
SUPPORT FOR THE DAY (FUT)
11870-11850-11815
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
-SGX NIFTY IS SHOWING A 40 POINT NEGATIVE START
-NIFTY INDEX CREATED A INSIDE BAR ON FRIDAY AND GAPPED UP TODAY
-IMPORTANT PART IS THAT THE INDEX MANAGED TO TRADE AND SUSTAIN ABOVE TO CRUCIAL POINTS
-11815/11855
-BULLISH MARABUZO CANDLE AFTER A INSIDE BAR IS INDICATING FURTHER MOMENTUM
-INDEX IN THE PAST HAS MANAGED TO TEST 12000 WHENEVER IT HAS CLOSED ABOVE 11850
-CRUCIAL SUPPORT COMES IN @11815
-CRUCIAL RESISTANCE COMES IN @11950
-INDEX IF MANAGES TO TAKE OUT 12015 ON THE UPSIDE THEN WE WILL SEE A SHARP DASH TOWARDS 12070
-ON THE DOWNSIDE IF INDEX BREAKS BELOW 11815 WILL BE NEGATIVE FOR THE INDEX
-ANY CORRECTION TOWARDS 11815-11855 SHOULD BE A BUYING OPPORTUNITY
-WAIT AND WATCH FOR DASH TRADES EXECUTE TRADE IF LEVELS ARE BREACHED
SCALP TRADE WITH DASH LEVELS
BULL SCENARIO
-IF MARKET CROSSES ABOVE 11915
NIFTY FUTURES TRADE
BUY@11918
STOP@11888
TARGET@11948
QTY=300
-IF MARKET CROSSES ABOVE 12010
NIFTY FUTURES TRADE
BUY@12015
STOP@11970
TARGET@12075
QTY=300
RESISTANCE FOR THE DAY (FUT)
11945-11915-11975
SUPPORT FOR THE DAY (FUT)
11870-11850-11815
SCREENSHOT
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
Trade closed: stop reached
1st dash trade stop hit
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