Nifty futures daily intraday & short term levels

[praveen taneja]

thnx mam for the levels n making the shorters happy bcoz as u wrote 4330 level is to watch that is now at sgx nifty n dow fut down -47 so i m looking at 4275 if sunil sirs chowkidar didnot stop it.THNX again for the good work

 

[coolboy007]

Hii mam

Thanks a lot for the calls That DLF tip workled wonders and NIFTy bounced from 4330.

Thanks and keep continuing

 

[ShravaniHadge]

Nifty SEP FUT LAXMAN REKHA 4284.75 - 4275

Hari Om,

NIFTY SEPTEMBER FUT INTRADAY ANALYSIS FOR 12-09-08



A Good News, Inflation for the Week has come down to 12.1 % as compared to the Prevous High of 12.34 %. A breather for the Bearish Market.

Nifty Sep Futures made a low of 4286.60 and Closed at 4304.45.


IMPORTANT : - Today's Low coincides with the 50 DMA on the Daily charts of Sep Nifty Futures.
Today low made is 4286.60 and the 50 DMA on the Daily charts is 4284.75.
So Short covering during the end of todays session was witnessed.
Apart from the Support of 4284.75 Nifty has got another Support at 4275 that is the Low for Nifty Sep Futures on the Monthly Charts.

So this Band of 4284.75 - 4275 is very Vital and Should not be broken or else Nifty Sep Futures will have further Downfall and Bears will be the King.


For tomorrow Support for Nifty Futures is at 4284 - 4260 - 4230 - 4209 - 4192.

In case of Further Downfall Expect Sharp Bounceback from 4209 - 4192 Zone.


On the Higher Side Nifty will have Uptrend above 4329 Only.


( IMP :- If Nifty Sep Futures goes past 4329 and fails to sustain above 4329 then 4303 will act as a level of Bounce back. )

Above 4329 a minor hurdle is at 4340, once 4340 is crossed over Nifty Sep Fut will rally upto 4361 and 4382.

Profit Booking can be seen at 4382, A move past 4382 we can see a further rally upto 4403, 4424, 4440 Respectively.


Have a Nice Trading Session for Friday,

Regards,
Shravani

 

[uasish]

Any further mentioning of ******messenger ID even from OTHER members may be treated as persons in concert;(as the Thread Starter has stopped i understand) may be treated as Advertisement & Spamming ,which may eventually stop this Thread.

 

[columbus]

Re: Small request

Hari Om,

Regards,
Shravani

Please use BOLD letters sparingly. By using bold letters all through your message ,the relevance of using it (for highlighting) is lost.

 

[TFL]

Re: Small request

Please use BOLD letters sparingly. By using bold letters all through your message ,the relevance of using it (for highlighting) is lost.

Columbus,

I support your part. But its seems nice to identify. Think is better only in the daily report.

Thank you.

 

[coolboy007]

Any further mentioning of ******messenger ID even from OTHER members may be treated as persons in concert;(as the Thread Starter has stopped i understand) may be treated as Advertisement & Spamming ,which may eventually stop this Thread.

Sorry for the mistake i have deleted that and edited my msg.
Once again sorry.

 

[uasish]

Sorry for the mistake i have deleted that and edited my msg.
Once again sorry.

Appreciated your gesture.

 

[Raj_s]

Re: Nifty Played It Both Ways

Hari Om,

NIFTY INTRADAY ANALYSIS FOR 11-09-08



Buy call Was Given at 4460 and Profit Booking was asked to do at 4490. Nifty Sep Futures made a High of 4493 and Reversed.

Weakness was Predicted below 4440 and Sep Nifty Futures fell Sharply below 4440 to make a low of 4397.


For the day Nifty Futures took Support at 4397, this Support of 4397 coincides with the High Sep Nifty Futures made on 05-09-08. So 4397 has become a Crucial Support.


A "Small Falling Channel Pattern" has been made on the Daily Charts and Sep Nifty Fut needs to Sustain above 4397 to avoid Further Fall.


If todays Low of 4397 is Broken then 4386 Should act as a Bounce back Level.

Inability to sustain above 4386 will drag NF to 4368, 4350 and 4330.


Short Covering expected at 4350 - 4330 . Expect the Downward Trend to Reverse from this Zone and Buying Can Emerge at 4350 - 4330.


This Band of 4350-4330 should not be breached (broken) or else Bears will Overpower the Bulls and Nifty Fut will Slip further at the Lower Side of 4275.

On the Higher Side the Crucial Support of 4441 has Now become the Resistance and a Uptrend is Possible if and only Nifty Futures Trades above 4441 and Sustains above it.


Above 4441, there is a Minor Hurdle at 4456 and a move past 4456 will take Sep Nifty Futures to 4480, 4504, 4528 and 4552.

Expect Profit Booking at 4552.

So on the Lower Side expect Bounce Back from 4350 - 4330 and on the Higher Side Uptrend possible above 4441 only.


Have a Nice Trading Session on Thursday.

Regards,
Shravani

thanks for ur good work ur levels do work most of the times appreciate ur work

 

[ShravaniHadge]

Nifty down and out

This was Predicted on Thursday for Friday's September Nifty Futures :-

[B]So this Band of 4284.75 - 4275 is very Vital and Should not be broken or else Nifty Sep Futures will have further Downfall and Bears will be the King.


For tomorrow Support for Nifty Futures is at 4284 - 4260 - 4230 - 4209 - 4192.[/B]

Nifty Couldnt sustain above the Crucial Band of 4284 - 4275 and Fell Sharply to make a Low of 4216.

Regards,
Shravani