Monday 26 May 2014

Technical Outlook Of Indian Market (NIFTY FUT):3-5 days

For Medium Term (3-5 months), target of NF should be near 8150 zone & by FY-15, NF may scale up to 10500 zone; short term strong support is near 7100 zone & below that long term positional support will be near 6350 zone (Neckline of Inverse H&S).

Trading Levels for next 3-5 days:





Gap Up/Dw (Indicative)


SGX NIFTY 7423 32



        NF-MAY LTP 7391
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 7415   7450-7490* 7505-7538 7563-7620 <7395
             
Weak < 7395   7369-7347* 7322-7294 7275-7250 >7415







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 7415   7490* 7538 7620 <7395
             
Weak < 7395   7347* 7294 7250 >7415
 



           

Monday 19 May 2014

Medium Term Technical Outlook of Indian Market (NIFTY FUT): 3-5 months

NF is breaking out massive inverse H&S.

Measured TGT will be 8150 zone with neckline support around 6350 zone.

Technical Outlook Of Indian Market (NIFTY FUT): 3-5 days (For NF, 7100 zone is now strong support & 7615 zone will be strong resistance)




Gap Up/Dw (Indicative)


SGX NIFTY 7310 71



        NF-MAY LTP 7239
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 7295   7325-7343* 7371-7400 7434-7450 <7275
             
Weak < 7275   7244-7222* 7174-7146 7120-7103 >7295







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 7295   7343* 7400 7450 <7275
             
Weak < 7275   7222* 7146 7103 >7295
               

Monday 12 May 2014

Technical Outlook Of Indian Market (NIFTY FUT): 3 days (NF Could scale upto 7300 zone before 16-th May; Strong Sup @ 6680-6635 zone)







Gap Up/Dw (Indicative)


SGX NIFTY 6909 14



        NF-MAY LTP 6895
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 6905   6929-6949* 6967-6981 7006-7045 <6885
             
Weak < 6885   6861-6847* 6818-6801 6770-6737 >6905







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 6905   6949* 6981 7045 <6885
             
Weak < 6885   6847* 6801 6737 >6905
             

Monday 5 May 2014

Technical Outlook Of Indian Market (NIFTY FUT): 3-5 DAYS







Gap Up/Dw (Indicative)


SGX NIFTY 6727 3



        NF-MAY LTP 6724
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 6690   6716-6737 6763-6784* 6801-6826 <6670
             
Weak < 6670   6649-6633 6599-6549* 6507-6465 >6690







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 6690   6737 6784* 6826 <6670
             
Weak < 6670   6633 6549* 6465 >6690