Support :- Very Clear Story for today. Nifty having no support except 16000 Round Level but Pivot Points can give a support. Resistance :- And previous day low is the resistance . Play smartly annd smoothly.
17450-475 is ultimate resistance area for NIfty............................................................................................................................................... And today's Low is good support as its on 200 Sma on 30 min. chart.
On Daily Chart, It seems Nifty is ready to form a W, 17400 is the neckline...........................................................................
I will wait till breakout and retest...........................................................................................................................................................
This candle stick is saying a reversal on daily basis. And it is formed at 20 and 5 sma. But world market is on negative. Let's see what will happen tomorrow...
PE side trade should be careful. ....................................................
Bank Nifty is forming morning star at a round level. PE side trade should be careful..
Nifty is following a channel. Breakout of this channel can give a good trade...............................................................................
Nifty is on strong Support.. Strong reversal expected....................................
Strong Resistance ahead.................................................................................................................................................
I will not trade till nifty breaks 17725. Its in a channel and can go sideways... So, today, No trade till a good breakout.....
May be its got resistance from the trendline.............................................................................................
Some trend lines are drawn... No prediction for tomorrow. Trendline should provide support but internation markets are still in red and option chain showing complete downward. Lets see..............
Hope this breakout can drive it till yesterday high..........................................................................................................................
Bank Nifty going down. 200-300 Points downward expected.......................................................................
Bull call spread will work for BTSTT .....................................................................................................
NIfty : BUlati hai par jaane ka nahin.. Market direction is bullish so, Avoid PE ..
Nifty Bull run if breaking this trendline... 18100-120............................................ Otherwise Its a major resistance..