Hari Om,
This is a new thread for Nifty Futures. In this thread I will Provide Traders of Nifty Future's with Daily Crucial Levels for Both Intraday and Short Term.
Queries Regarding the Technical Levels will also be Answered offline, i.e. through This Traderji Forum and Hourly Nifty Levels will also be given During Market Hours if needed.
" To Start with, I will Provide you with a Brief Analysis on How Nifty Futures for 27th Aug 2008, Wednesday would be like.
For Wednesday Resistance for Nifty Aug Futures is at 4368.
Above 4368, Nifty will propel to the Level of 4373 where it will face a Minor Hurdle. Above 4373 expect rally straight up to 4386-4395 and 4403-4414 level.
Expect Profit Booking at the Level of 4403-4414.
Support for Wednesday is at 4333-4316.The level of 4316 should not be broken on Wednesday or else we could see the levels of 4290, 4268 and 4246
The level of 4256-4246 will act as a Strong Bounce back level, so this level should remain intact for further Uptrend.
Dear Friends, I dont know what the International Scenario would be like, but If Nifty Futures Manages to close above 4393-4414, then For the Coming days we can see the Level of 4451-4492 and above 4492 the level of 4543 -4580 can be expected. This View regarding a close above 4414 is for the Short term but anyways let us be with the trend. Trend is our Friend. "
Have a nice Trading Day on Wednesday. Thanking you all. Good Night.
Regards,
Shravani
This is a new thread for Nifty Futures. In this thread I will Provide Traders of Nifty Future's with Daily Crucial Levels for Both Intraday and Short Term.
Queries Regarding the Technical Levels will also be Answered offline, i.e. through This Traderji Forum and Hourly Nifty Levels will also be given During Market Hours if needed.
" To Start with, I will Provide you with a Brief Analysis on How Nifty Futures for 27th Aug 2008, Wednesday would be like.
For Wednesday Resistance for Nifty Aug Futures is at 4368.
Above 4368, Nifty will propel to the Level of 4373 where it will face a Minor Hurdle. Above 4373 expect rally straight up to 4386-4395 and 4403-4414 level.
Expect Profit Booking at the Level of 4403-4414.
Support for Wednesday is at 4333-4316.The level of 4316 should not be broken on Wednesday or else we could see the levels of 4290, 4268 and 4246
The level of 4256-4246 will act as a Strong Bounce back level, so this level should remain intact for further Uptrend.
Dear Friends, I dont know what the International Scenario would be like, but If Nifty Futures Manages to close above 4393-4414, then For the Coming days we can see the Level of 4451-4492 and above 4492 the level of 4543 -4580 can be expected. This View regarding a close above 4414 is for the Short term but anyways let us be with the trend. Trend is our Friend. "
Have a nice Trading Day on Wednesday. Thanking you all. Good Night.
Regards,
Shravani
Last edited: