S&P CNX NIFTY INDEX FUTURESS&P CNX NIFTY INDEX FUTURESS&P CNX NIFTY INDEX FUTURES

S&P CNX NIFTY INDEX FUTURES

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NIFTY1! Now @ 25611. If stays above 25640 for 15 - 30 mints some pull back possible. Follow rest of the levels on Chart.
Snapshot

NIFTY1! Now @ 25711.
Till now testing
"ST Sell" Level.
Possiblility to
Rev from here
Snapshot

NIFTY1! Nifty futures: a 1100 point gap up and then a 500 points fall to settle into a small tight range for the rest of the day; the high for the day was the weekly pivot; the next supports are at 25789 - 25644 & 25600- latter is key; resistances are at 25908- 25998; a few index heavyweights managed to bounce out of their bearish phase today; that’s enthusing. Today’s follow through will be interesting

NIFTY1! NIFTY Futures: A big relief rally day with almost all sectors except IT chipping in; We are going into trading with a much awaited announcement behind us; short covering rallies once they start inn earnest are usually very strong moves; the key level to watch is 25403; Above this the resistances are at 25492- 25600- 25644; below 25403, supports are at 25342- 25236;

NIFTY1! Nifty futures: nothing from the budget; the STT increase dampened already dampened spirits; quite a flip and a flop; sell on rise again; supports at 24794- 24686 and 24591; resistances are at 24927 and 25072; brace for volatility- especially owing to commodity stocks.

NIFTY1! On futures chart Nifty is consolidating near a previous support zone of 25400-450.
Wicks at the bottom of the candles in this consolidation suggest some buying.
Price sustaining above 25450 and holding could motivate bulls.
A close below 25300 may attract bears.
Snapshot

NIFTY2! As of now Taken Support Exact "RLS Level=> 25320.50.Made LOW @ 25321
Snapshot

NIFTY1! Nifty futures: A pretty volatile day. Low of 24961 and high of 25340; found support below the long term trend line; slightly oversold now; so sell only on rise now; resistances are at 25236-25342 and 25403; supports are at 25170- 25072 and the trend line- around 25000;

NIFTY1! Nifty futures: the key level of 25600 just about held as earnings disappointment spurred the first sell off and then everything got sold off again till a late recovery which wasn’t very convincing; remains a sell on rise; supports at 25600-25492 and 25403; resistances are at 25644 and 25789