Month: July 2016

NIFTY FOR AUGUST MONTH:

RESISTANCE:8680-8880-9170.

SUPPORT:8472-8288-8060.

http://prntscr.com/bzdmge

http://prntscr.com/bzdykx

http://prntscr.com/bzdz4g

RESISTANCE 8677-8702- 8732.

SUPPORT:8635-8611-8575.

NIFTY IS BUY ON DIPS MODE.

AS LONG NIFTY HOLD 8550 LEVEL WE CAN SEE 8798 LEVEL.

NIFTY TRADING ABOVE 8660 WILL TOUCH 8705 LEVEL.

BEARISH ONLY BELOW 8600.

 

RISKY BUY 8700CE JULY @20+ STOP 17

WE DID 8640 TARGET.

HOURLY NIFTY REACH AT OVERBOUGHT ZONE BUT STILL NO SIGN OF WEAKNESS YET.NEXT RESISTANCE @8654 TO 8665 IF ABLE TO SUSTAIN ABOVE IT OR CLOSED ABOVE IT WILL OPEN THE DOOR OF 8700.

NIFTY TRADING ABOVE 8640 WILL GO TO 8654-8665-8704-8761.

NIFTY TRADING BELOW 8590 WILL GO TO 8555-8475-8444-8407

Nifty is in corrective phase in uptrend. Unless range 8460 on lower side breaks and 8594 on upper side . No trade zone between 8460-8594 as consider to be sideways.Breaks of 8460 minimum 8425 and upper side if breaks 8594 minimum 8616-8644.

GST BILL on next week if passed we can see 8860+ and if not 8290 minimum.

 

 

 

NIFTY SUPPORT: 8478-8444-8415.

BULLISH ABOVE 8555.

BUY RELIANCE 1060CE @4+ STOP 2.5 TARGET 8-12-16.

ONE WEEK.

BANK NIFTY TRADING ABOVE 19000 WILL GO TO 19030-19080-19150.

BEARISH ONLY BELOW 18750.

NIFTY TRADING ABOVE 8594 WILL GO TO 8645-8702-8732.

BEARISH ONLY BELOW 8520.