Market Bytes 01-Feb-2016 Nifty Futures: Quite a bounce in the start of the new series here and at a good pace. The bounce happened on well spread out volumes indicates a good support base can be established. For last session we had mentioned that 7400-7420 can be the immediate support base for a pull back. On friday markets made a low at 7404 and sharply pulled...
Market Bytes 25-Jan-2016 Nifty Futures: or Friday we had discussed that for the first time "Downside short Risk for the first time looks to have a lesser rewad versus a pull back long" and what a pull back was that. we had mentioned that 7270 will be the key and above that usides targets are 7340 and 7420. markets exactly did both the targets. Coming to the...
Nifty Futures: On the note for 13th we had discussed that 7440 and 7350 are downside swing targets. Both The targets are done. This will be a key zone to watch out for now. Further shorts if any has to be taken with caution. Best would be to rather wait for pull backs. 7580 and 7700 are the upside hurdle zones and trades can be taken at those levels based on price...
Nifty Futures: NIFTY while it managed to hold on to to the 7580 levels and staged some sort of a pull back, weak global cues will mean we may now crack that level and open below it. It will be importanat to see if NIFTY futures manages to stay and trade below 7550 in that can the levels of 7580-50 now can be used as a stop for a fresh trade on the downside with...
1. Nifty is Making My Reversal patterns in Daily chart and can give a sudden upside very soon. 2. It is Near my previous sell targets of 7350 3. Very Good Buy Opportunity on 7440 For the Targets of Over 8350 very soon, even this month.
Nifty Futures: NIFTY Future managed to latch on to the 7750 levels that we discussed yesterday . But it did provide two trade opportunites as per the plan one was short from 7840 levels and the other a pull back trade frm 7760 levels. The pull back short also provided a good swing short trading opporunity with low risk. for intraday traders 7750 will hold the...