Nifty futures daily intraday & short term levels

[raj567]

Re: Nifty futures daily intraday & short term levels ( imp )

hello mrs hadge,are these levels valid for next week or months
thanks
RAJ

 

[ShravaniHadge]

Hello mr raj

Yes Mr. Raj,

This Nifty Spot Levels are meant for the Near Term. For this Week.

Regards,
SHRAVANI

 

[ShravaniHadge]

Nifty Sep Futures Intraday Analysis for 01-09-08

Hari OM,

Nifty Sep Futures Intraday Resistance at 4379, 4390. Uptrend above 4390 only.

Above 4390 Target is 4414, 4438.

Intraday Crucial Support at 4366 - 4342.

" Avoid Going Long if Nifty Futures Trades Below 4366 - 4342. Weakness Expected Below 4342 ".

Below 4342, 4319 will act as a Zone of Bounce back.

Inability to Sustain above 4319 will take Nifty Futures to 4298,4280.

The Support of 4280 is a Strong Support and should not be breached or else Bears will be In Total Power and they will drag Nifty to the level of 4253, 4224.

Have a Nice Trading Session.

Regards,
Shravani

 

[ShravaniHadge]

Nifty futures high made 4340

[B][U]"NIFTY SEP FUTURES Weakness Expected Below 4342 ".[/U][/B]

Nifty Futures made a high of 4340 but couldnt go past 4342 and Selling took place, Low made 4275, Support Given 4280.

Further Downtrend Below 4275.

So The Prediction of Weakness Expected Below 4342, Proved Accurate because the high made for the day is 4340.

Regards,
Shravani

 

[ShravaniHadge]

Important!!!!!!!!!!!!!!!!!

Nifty FUTURES Bounced back SHARPLY from 4375, Nifty SPOT BOUNCED back SHARPLY from 4381.10.

STRONG SUPPORT WAS PREDICTED AT 4380

Nifty Futures made high of 4348.
People who went LONG at the support levelof 4380 can book partial profits or keep a trailing stop loss of 4317 for intraday.

Regards,
shravani

 

[ShravaniHadge]

Trailing stop loss modified

Hari om,

High made by NIFTY FUTURES 4367

EXIT LONG IN NIFTY FUTURES, SQUARE UP POSITION. BOOK PROFITS.

Regards,
shravani

 

[shaiju]

Re: Nifty futures daily intraday & short term levels ( imp )

Thank you for your daily updates Shravani, it is really helpful. please keep posting.

shaiju

 

[ShravaniHadge]

Nifty sep futures 02-09-08 intraday, Crude Oil Down $4 Dollars.

Hari Om,

US Markets are Closed on Account Of Labour Day. Like I had Predicted Crude Oil Should Break The Important Support of $112.50 bbl.
It has Happened Today Crude Oil went below $112.50 bbl and has Touched $110.50 bbl

It is indeed a great news. But since American Markets are closed on account of Labour Day, the Joy and Happiness in the USA regards to the fall in Crude Oil could not be felt since the close of US Markets.

For Tomorrow, NIFTY Sep FUTURES,

Resistance at 4367, 4379

4379 is a Strong Resistance, and any further Uptrend in Nifty Futures would be above 4379 only

Above 4379 Target for Nifty Futures is 4400.50, this Level of 4400.50 would act as a Strong Resistance and People Long in Nifty Futures would try to Book Profits at this Level. So traders be Cautious in case The Trend Reverses from 4400.50.

But if Nifty Futures manages to move above 4400.50 then Nifty Futures would Hit a Target of 4424, 4447 and 4470.

Support for Nifty Futures is at 4332.

Weakness Expected if Nifty Futures Trades Below 4332

Below 4332, Support at 4310, 4293, 4275. Expect Bounce from the Level of 4275.

But, If Nifty Futures Cracks Below 4275 then Bears would be in Total Control and it would take Nifty Futures to 4247 and 4218 Levels.

" Conclusion :- Avoid Long if Nifty Futures Trades Below 4332. Uptrend above 4379 only. Expect Profit Booking at 4400.50 & 4424 Levels and a move past 4424 will Take Nifty Futures to 4447, 4470 ".

Have a Happy Trading Session.

Regards,
Shravani

 

[biggles]

Re: My goodness, so much of criticism

hey shravani

u are doing a geat job. keep it going, and dont be put off by the adverse commnets

regards

Okay,
Nifty Fut Resistance I gave was 4368, Nifty futures didnt go Past 4366
Again My Support for Nifty Futures was 4316, Nifty Futures Made Low of 4318 at 11:30 during market hours and from there Bounced back to 4347.
A gain of 29 Points.
I hope 29 Points Up is not Less for Nifty Day Traders and that too in a Market where there are less Volumes.

Now its 1:45 and the Low of 4318 is Intact. Lets see where the Market heads on from here.

Regards,
Shravani

 

[mksingh255]

Re: Nifty sep futures 02-09-08 intraday, Crude Oil Down $4 Dollars.

Hari Om,

US Markets are Closed on Account Of Labour Day. Like I had Predicted Crude Oil Should Break The Important Support of $112.50 bbl.
It has Happened Today Crude Oil went below $112.50 bbl and has Touched $110.50 bbl

It is indeed a great news. But since American Markets are closed on account of Labour Day, the Joy and Happiness in the USA regards to the fall in Crude Oil could not be felt since the close of US Markets.

For Tomorrow, NIFTY Sep FUTURES,

Resistance at 4367, 4379

4379 is a Strong Resistance, and any further Uptrend in Nifty Futures would be above 4379 only

Above 4379 Target for Nifty Futures is 4400.50, this Level of 4400.50 would act as a Strong Resistance and People Long in Nifty Futures would try to Book Profits at this Level. So traders be Cautious in case The Trend Reverses from 4400.50.

But if Nifty Futures manages to move above 4400.50 then Nifty Futures would Hit a Target of 4424, 4447 and 4470.

Support for Nifty Futures is at 4332.

Weakness Expected if Nifty Futures Trades Below 4332

Below 4332, Support at 4310, 4293, 4275. Expect Bounce from the Level of 4275.

But, If Nifty Futures Cracks Below 4275 then Bears would be in Total Control and it would take Nifty Futures to 4247 and 4218 Levels.

" Conclusion :- Avoid Long if Nifty Futures Trades Below 4332. Uptrend above 4379 only. Expect Profit Booking at 4400.50 & 4424 Levels and a move past 4424 will Take Nifty Futures to 4447, 4470 ".

Have a Happy Trading Session.

Regards,
Shravani

Thanks Shravani M'm for your view on crude oil and Nifty in general.
I always appreciate your CANDID remarks. Criticism is not only in this forum but also other virtual message board, even in our social life too. But we need to concentrate on our effort and action. I am firm believer in KARMA and BHAGWAN.

Enjoy Trading!!
MK Singh