Wednesday 23 July 2014

Technical Outlook Of Indian Market (Nifty Fut): 2-5 days






For NF, 7835 zone will be the next resistance zone. It will have to sustain/close above it consecutively for next target of 8024/8125 zone.

On the other side, 7675 zone should offer strong support now.

Trading Levels: Nifty Fut




Gap Up/Dw (Indicative)


SGX NIFTY 7802 31



        NF-JULY LTP 7771
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 7835   7849-7875 7900-7941* 7974-7993 <7815
             
Weak < 7815   7790-7774 7752-7731 7700-7673 >7835







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 7835   7875 7941* 7993-8024 <7815
             
Weak < 7815   7774 7731* 7673 >7835
             

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