Wednesday 24 September 2014

Technical Outlook Of Nifty Fut(NSE-SEP):1-2 days (UPDATE)





NF is within trading range (7950-8200 zone) in absence of any major trigger.
SC verdict on Coal Block today around 2 pm (24-th) should act as a trigger & then our market will look forward to US trip by our PM for any major cues.

Immediate support for NF is 8020 (@200 HEMA) & below that 7990-7938 zone(Positional).

On the upside NF may face resistance around 8086 zone & above that 8125-8180-8205 zone(Positional).




Trading Levels: Nifty Fut(SEP)




Gap Up/Dw (Indicative)


SGX NIFTY 8025 -7



NF-SEP LTP 8032
SL >/< 5 POINTS FROM SLR
Intraday Swing  Trader
T1 T2 T3 SLR
Strong > 8010 8050-8086* 8102-8125 8150-8180 <7990
Weak < 7990 7964-7938* 7917-7883 7867-7844 >8010







FOR  Conservative Positional Trader









T1 T2 T3 SLR
Strong > 8010 8086* 8125 8180-8205 <7990
Weak < 7990 7938* 7883 7844-7808 >8010

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