Re: Nifty Aug Fut Intraday for Tuesday
THOSE WERE THE LEVELS GIVEN FOR MONDAY, I HAD PREDICTED THAT NIFTY AUGUST FUTURES WILL WITNESS PROFIT BOOKING AT 4392 Levels. And Yes Indeed Nifty Aug Futures Made a High of 4395 and came down to 4330.
Now For Tuesday, For Nifty Aug Futures Further Uptrend above 4356 Only. Above 4356 there is a minor Hurdle at 4369. Above 4369 expect a Rally upto 4395 which is a Rock Solid Resistance.A Move Past 4395 will Take Aug Nifty Futures to 4403,4420,4437 levels.
But if Nifty Futures Breaks the Support of4327 then expect a fall to the level of 4305, 4285 level. If Nifty AUG FUT Does not Retrace from 4285 then it will fall to the Level of 4259-4248 and the level of 4259-4248 will Act as Rock Bottom Support for Nifty Aug Futures. Short Covering at this Level can take place and a fall below 4259-4248 level can prove fatal for the Bulls because if the level of 4259-4248 is breached then the Bears will Over Power the Bulls in Further Due Course to come.
I hope my Prediction for Tuesday Nifty Futures proves to be accurate like it went accurate on Monday.
Thanking you all, Have a nice Trading Session For Tuesday.
Regards,
Shravani
Kindly post the basis of ur calculation along with the levels u posted here. It will be interesting to learn from u.
Regards.
PHP:
" NIFTY August FUTURES INTRADAY STRATEGY FOR MONDAY
NIFTY FUT CLOSED AT 4324, RESISTANCE AT 4348. ABOVE 4348 EXPECT A RALLY UPTO 4370, 4392. Profit Booking at 4392 Expected. Further upmove in Nifty Fut expected above 4392 only. Above 4392, Target is 4418, 4444.
Below 4392, 4340 will act as a strong support.
Warning :- Please, dont Go Short if Nifty Fut is Trading above 4340.
Below 4340, Support at 4305,4285,4260.
Have a Nice Trading Session on Monday. "
Regards,
Shravani.
THOSE WERE THE LEVELS GIVEN FOR MONDAY, I HAD PREDICTED THAT NIFTY AUGUST FUTURES WILL WITNESS PROFIT BOOKING AT 4392 Levels. And Yes Indeed Nifty Aug Futures Made a High of 4395 and came down to 4330.
Now For Tuesday, For Nifty Aug Futures Further Uptrend above 4356 Only. Above 4356 there is a minor Hurdle at 4369. Above 4369 expect a Rally upto 4395 which is a Rock Solid Resistance.A Move Past 4395 will Take Aug Nifty Futures to 4403,4420,4437 levels.
But if Nifty Futures Breaks the Support of4327 then expect a fall to the level of 4305, 4285 level. If Nifty AUG FUT Does not Retrace from 4285 then it will fall to the Level of 4259-4248 and the level of 4259-4248 will Act as Rock Bottom Support for Nifty Aug Futures. Short Covering at this Level can take place and a fall below 4259-4248 level can prove fatal for the Bulls because if the level of 4259-4248 is breached then the Bears will Over Power the Bulls in Further Due Course to come.
I hope my Prediction for Tuesday Nifty Futures proves to be accurate like it went accurate on Monday.
Thanking you all, Have a nice Trading Session For Tuesday.
Regards,
Shravani
Regards.
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