Archives
All posts for the month January, 2015
For 30th January 2015
Nifty Future Resistances
9004(1)/9006(2)/9020/9032/9065/9100 and Supports
8968(1)/8966(2)/8940/8920/8902/8872. Expected either 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.
Breakout levels:
Bulls : Sustain above 9032
Bears: Sustain below 8940
Disclaimer: Nothing sure in the market trade with stop loss.
For 29th January 2015
Nifty Future February Resistances
8996/9000(1)/9007(2)/9034/9063/9096 and Supports
8937(1)/8927(2)/8900/8869/8850/8838. 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.
Breakout levels:
Bulls : Sustain above 9034
Bears: Sustain below 8900
Disclaimer: Nothing sure in the market trade with stop loss.
For 28th January 2015
Nifty Future Resistances
8952/8970(1)/8996/9006/9011(2)/9029 and Supports
8900/8876(1)/8871/8838/8835(2)/8803. 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.
To obtain February future add 65 points for each level.
Disclaimer: Nothing sure in the market trade with stop loss.
Sare Jahan se pyara hain,Hindstan Hamara hain. Ha…: http://youtu.be/8TomZk3LZMQ
For 27th January 2015
Nifty Future Resistances
8855/8776(1)/8902/8918/8931/8939(2) and Supports
8812(1)/8798/8770/8749(2)/8731/8723. 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.
To obtain February future add 55 points for each level.
Disclaimer: Nothing sure in the market trade with stop loss.
Above was my previous weekly view. The body language of the post was bullish (More upside waiting for us. Cautious approach at higher, some pull back can not be ruled out from mid of the week to next week. Follow levels given below and compare with my daily levels). It was closed 8535.05 before beginning of the week and by crossed given bulls pivot 8571 took breakout to 8875.85 got (+305 points).
Nifty Future Weekly View Commencing 27th January 2015:-
It was closed life highest with all respect day/week/month and year.
Positive Factors
1) Open interest day by day as 206.79/227.39/227.86/230.74/233.53
2) Open interest above 13 day average through out the week
3) Closed all above D3 to D8 average
4) M/I day by day as 194.56/298.96/283.39/291.68/313.85
5) Under current day by day as 228.95/328.10/307.09/312.84/330.82
6) AMI 2 day by day as-0.84/-1.55/-1.34/+1.67/+0.15
7) AMI 3 day by day as 84.05/282.80/73.90/80.55/130.60
8) Week on week higher tops 5th week
9) AMI 1 week on week as 2.7/-36.50/-53.99/-51.13/-46.74
10) AMI 2 week on week as -34.47/-39.21/-17.49/+2.87/+4.39
11) AMI 3 week on week as 192.32/373.80/253.10/539.70/642.20
Negative Factors:
1) Volume below 13 day average through out the week
2) Closing below intraday trigger 8855.28
3) T/I day by day as 34.38/29.13/23.69/21.17/16.97
4) 5DAVT1 day by day as 41.43/37.73/33.62/29.42/25.07
5) AMI day by day as-7.04/-8.59/-9.92/-8.25/-8.10
6) T/I week on week as 124.47/83.39/53.02/38.72/16.97
Conclusion:-
As of now upside still remains. Cautious approach on higher. Follow levels given below and compare with my daily levels.
Weekly Pivots:
Bulls : Sustain above 8918
Bears : Sustain below 8770
Resistances: 8996/9156
Supports: 8692/8532
Disclaimer: Nothing sure in the market. Trade with stop loss. Above are my personal views, consult with your personal trading adviser before act.
For 23rd January 2015
Nifty Future Resistances
8790/8796(1)/8800/8821(2)/8824/8847 and Supports
8772/8762(1)/8750/8737(2)/8711/8667. 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.