PowerTrades

NIFTY Futures- Now has a higher base

NSE:NIFTY   Nifty 50
90 0 3
Market Bytes 08-Jun-2016
Nifty             futures: Finally broke out of the congestion zone and broke out above 8265. Now NIFTY             futures has a base at 8250 , which is the trend decider for today. Until it sustains above it look for long side trades. On the upside one challenge is good CE open interest build up at 8300-8400 levels this means any upmove further will be challenged.Upside target is at 8350 zones for now.
#nifty #nseindia #sensex #stock
Comment: Market Bytes 09-Jun-2016
Nifty futures: Marked not so encouraging patterns on the intraday charts marking two identical tops and a lower high with respect to previous session. This as we discussed every up move will be challenged. Intraday trend decider now is at 8280 levels and use this level for long side or short side trades. On the downside a break of 8280 can lead to a test of 8250 levels and lower. Upside near term targets remain at 8340-50 zones.
#nifty #nseindia #sensex #stock
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out