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Ashish Ghosh is a NCFM certified research analyst for the global and Indian financial markets. With more than 15 years of experience in the capital market, Ashish has been published in high-profile online media regularly. He holds a B.Sc. in Math along with NCFM certification for Technical and Fundamental analysis. Presently, he is working with iForex as a financial analyst/content writer since 2017, analyzing mainly the global and Indian markets. You can reach him for professional levels trading ideas or signals through Gmail/telegram ID: ashishghoshjpg/asisjpg

Friday, 9 January 2015

Technical Outlook Of Nifty Fut(NSE-JAN):1-5 days






Nifty Fut(NF) now has to sustain above 8316 for 8450-8500 zone. On the downside, 8270 area should provide good support today & below that 8208 will be the positional support.

For S&P, 2055-2066 may offer some resistance and sustain above that we could see the life time high again (as FED is in no hurry to raise interest rate and in "PATIENT" mode given the weak global growth prospect & lower inflation).

For Crude, 47-45$ zone should offer strong technical support zone going forward, unless OPEC thinks otherwise (to crush Shale oil industry).

Trading Levels: Nifty Fut(NSE-JAN)
Gap Up/Dw (Indicative)


SGX NIFTY 8315 60



        NF-JAN LTP 8255
             
             
  SL (+/-) 10 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 8290   8316-8343* 8363-8395 8423-8450 <8270
             
Weak < 8270   8240-8208* 8184-8157 8116-8095 >8290







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 8290   8343* 8395 8450-8492 <8270
             
Weak < 8270   8208* 8157 8095-8000 >8290
             
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