HAMSARATHNA

NIFTY 3D SUPPORT AND RESISTANCE AREAS.

NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
SCENARIO 1 : AT 14396 WE SEE A STRONG SUPPORT AND BUYERS AREA, IF IT BREAK THEN BUYERS LOOSE THEIR STRENGTH AND BUYERS BECOME STRONG, SO IT GET ITS NEXT SUPPORT AT 14255

SCENARIO 2 : IF THE NIFTY PUSH ABOVE 14472 THEN SELLERS LOOSE THE STRENGTH SO THE BUYERS BECOME STRONG. 14553 IS ITS FIRST RESISTANCE AND 14634 IS ITS SECOND RESISTANCE

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The important levels for option writers are
1. For safe traders 14000 & 14900.
2. For moderate traders 14200 & 14800,
3. for professionals 14300 & 14700.

This is only for educational purpose please contact your financial advisor before investing your hard earned money.

My sincere thanks to my Masters trading panthulu, day trader Telugu and Nayan pokharkar.