For 1st January 2015
Nifty Future Resistances
8352/8357/8361(1)/8378(2)/8390/8402 and Supports
8318/8315(1)/8305/8298(2)/8284/8255. Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.
Archives
All posts for the month December, 2014
For 31st December 2014
Nifty Future Resistances
8339/8346(1)/8356(2)/8371/8380/8400 and Supports
8290(1)/8280(2)/8275/8256/8249/8211. Expected either or both side breakout. Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.
For 30th December 2014
Nifty Future Resistances
8329/8357(1)/8361/8373/8403/8411(2) and Supports
8289/8285/8275(1)/8259/8247/8221(2). Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.
For 29th December 2014
Nifty Future Resistances
8282/8310/8322/8333(1)/8345(2)/8369 and Supports
8254/8249/8215(1)/8203(2)/8179/8166. Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.
Above was my previous weekly view. By break and sustain above bulls pivot 8293 got 8370.95 ( 78 points) followed by Daily Levels. On reverse resistance became support and by sustain below 8293 got to 8212.50 (80 points). My observing level was by closing on or above 8257.70 and closed at 8273.75.
Nifty Future Weekly View Commencing 29th December 2014:-
It was closed day wise negative/week wise positive with above key level 8257.70
Weekly status : Neutral to positive
Positive Factors 6
Negative Factors 6
Conclusion:-
As of now market still buy on dips mode for investors and in favour of bulls. But closing was exactly in line. Also showing cautious at higher levels. Need to another confirmation for bulls otherwise selling pressure should be come again at higher. Follow levels given below and compare with my daily levels.
Weekly Pivots:
Bulls : Sustain above 8299
Bears : Sustain below 8249
Resistances: 8337/8378
Supports: 8211/8170
Disclaimer: Nothing sure in the market. Trade with stop loss. Above are my personal views, consult with your personal trading adviser before act.
For 26th December 2014
Nifty Future Resistances
8290/8320/8350(1)/8356/8381/8397(2) and Supports
8254/8244/8218/8204(1)/8187/8157(2). Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.
Wish you a Merry Christmas to all of my friends/followers/viewers subscribers/group members/group administrators/family members.
Jingle Bells – Chrsitman song: http://youtu.be/_LgYeOZ4x0A
For 24th December 2014
Nifty Future January Resistances
8372/8396/8399(1)/8411/8420(2)/8440 and Supports
8330/8308/8293/8281(1)/8272/8260(2). Swing trader can trade with help of stop loss as per support and resistance by supporting sustaining norms. Consider my tolerance band +/- 0.146% for these levels.
Disclaimer: Nothing sure in the market trade with stop loss.