Today can trade only for Brave Clients who can see zig zag up and downs
Others better to stay away!!!
Because huge volatile will be expected
Some Brokers Today not given Exposure more then 3 times
Today's Nifty Future Resistance 7638 & 7664 levels(future levels)
After Budget if stays above 7664 with 15 minutes
We see Rally upto 7718, 7778 & 7868
Today's Supports 7558 & 7525
Suppose after Budget if stays below 7525(spot nifty)
We see panic upto 7480 & 7438 Thereafter 7351
Banknifty if stay below 14855 we can see panic upto 14698--14498
and above 15088--15188 sustain above this we could see blast~~~!!!
All the very best !!!!
Detailed talks--
The Nifty witnessed very high volatile trading session on
Wednesday. Fresh selling & profit booking was seeing in Auto,
Power and Realty Sectors. It was also seen some of fresh buying
and short covering in Oil & Gas and FMCG sectors. Immediate
support in Nifty is at 7550 & 7520 levels on the downside and
resistance is seen at 7620 & 7650 levels on the upside. According
to daily chart, Nifty continued its Bear Run for the second day as
seller continued its domination right from the same place where
it left yesterday. We have seen almost 260 point correction in
two das from its all time high level of 7809. As per our view Nifty
has breached downside to reach our one level of 7550. Nifty is
making Lower Top Lower Bottom Pattern. Nifty has made “Two
Black Crow Pattern” after the form of “Long Red Candle”
indicating downside movements also Stochastic is moving in
negative trend indicating downside movement. Nifty can go down
till 7520-7480 once it goes below 7550. Nifty will be in Bull Run
once it goes above 7650. Above 7650 it can further go up till
7680-7710. Bank Nifty on the other hand has moved along with
benchmark index as it closed almost half a percent below to its
previous close. Bank Nifty has also continued its Bear Run giving
almost 820 points correction in three trading sessions and taking
support at 50DMA at 14880. Bank Nifty has also made “Three
Black Crows Pattern” indicating downside movement. Stochastic
is also moving in negative trend indicating downside movement
with limited upside risk. Bank Nifty can further go down till
14750-14550 once it goes below 14900. We can see Bank Nifty to
go up till 15350-15500 level once it goes above 15200. Immediate
support in Bank Nifty is at 14870 & 14730 levels on the downside
and resistance is seen at 15150 & 15290 levels on the upside.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!Detailed talks--
The Nifty witnessed very high volatile trading session on
Wednesday. Fresh selling & profit booking was seeing in Auto,
Power and Realty Sectors. It was also seen some of fresh buying
and short covering in Oil & Gas and FMCG sectors. Immediate
support in Nifty is at 7550 & 7520 levels on the downside and
resistance is seen at 7620 & 7650 levels on the upside. According
to daily chart, Nifty continued its Bear Run for the second day as
seller continued its domination right from the same place where
it left yesterday. We have seen almost 260 point correction in
two das from its all time high level of 7809. As per our view Nifty
has breached downside to reach our one level of 7550. Nifty is
making Lower Top Lower Bottom Pattern. Nifty has made “Two
Black Crow Pattern” after the form of “Long Red Candle”
indicating downside movements also Stochastic is moving in
negative trend indicating downside movement. Nifty can go down
till 7520-7480 once it goes below 7550. Nifty will be in Bull Run
once it goes above 7650. Above 7650 it can further go up till
7680-7710. Bank Nifty on the other hand has moved along with
benchmark index as it closed almost half a percent below to its
previous close. Bank Nifty has also continued its Bear Run giving
almost 820 points correction in three trading sessions and taking
support at 50DMA at 14880. Bank Nifty has also made “Three
Black Crows Pattern” indicating downside movement. Stochastic
is also moving in negative trend indicating downside movement
with limited upside risk. Bank Nifty can further go down till
14750-14550 once it goes below 14900. We can see Bank Nifty to
go up till 15350-15500 level once it goes above 15200. Immediate
support in Bank Nifty is at 14870 & 14730 levels on the downside
and resistance is seen at 15150 & 15290 levels on the upside.
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