Nifty can open gap up 45-60 points up.

Last Analysis, ATR is till in its own range. Stop loss was triggered at 11585 and lost 35-45 points lost.

Nifty can open the gap up 45-60 points up.

Profit booking expected 11724-11734 by Fund-Managers. Short seller and short term down trend direct will predict after 108 -ve points on the nifty only.

Gap up opening and selling pressure can be expected in 30 mints of opening.

Trialing stop loss for short seller 11748 and 11777
targets can be 11510-11479

BUY put of Nifty Future 11700 between 48 – 66,

Trade steps,
For example, if i want to trade 10-lots,

  • First trade setup @ Rs.66 with 3 lots
  • Second trade setup @ 52 with 4 lots
  • Last trade setup @44 with 3 lots

Targets are 122 first and then 178-196

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Sell Nifty Future Between 11534-11557

Today’s 14-ATR is at 110 & Pre Closed 11445

11445 – 110p
Suppose to break breakdown today this 11335 level, then ATR can raise.
Conclusion: Don’t believe Nifty has started downtrend.

nifty-spot-chart

Below level are for NIFTY Future:
Intraday resistance 11534-11557 for targets 11429-11400 (support)
Shorter seller should keep stop loss 11580 above

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Knowing how to find the volume, you will be in PROFIT here

If you know how to find volume and how to evaluate it, almost nothing be hidden from you- not even FII/DII, neither bullish or bearish market, not the likely direction of future price.

ICICI-PRUDENTIAL-LIFE-INSURANC
  • Price is MA 200 above
  • Volume with rising
  • Resistance is not far from the current price

Everything seems to be evaluating and its seen here that is clearly a break-up. There is no worry after cross above 358.

For considering another scenario, Price interval is possible.

Safe buyers can put alert to buy 338-345 and, short term investors can enter 348 nearby for the target as mentioned in the chart.

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Downward Visible Targets For NIFTY

This is research on CASH Nifty

nifty-spot

Resistance line of the previous trend can stop for a short time.

  • First, is at 11294 and second, is at 11240.

This both levels are the targets for who has sold Nifty .

Profit booking can possible for short seller.

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11500 or 11000 below? last Resistance is for NIFTY

spot-nifty

Today, Nifty made strong bullish candle but, it’s having final and strong trend line resistance.

  • Trendline Resistance 12000-50
  • H & S pattern,

Generally, Head & Shoulder pattern has 2% penetration normally.
LEFT Shoulder is at 11176 and,
HEAD at 11760
Calculated 223 points is 2% Penetration of LEFT SHOULDER. 11176 + 223 = 11400

For the H & S pattern, 11400 may be a maximum value of RIGHT should with penetration of 2%.

I will update here tomorrow exact trade…

updated after opened market.

here profit booking can start on NF, between 11287-11308

Active PUT 11200 march, buyers expected 18-22.

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Major 3 points can give you exact move of NF

nifty-future
  • 61.8% key Fibonacci ratio at 11091
  • R 11142
  • R 11185

These three major points are very important to understand, which have played the role of resistance in the past.

94 points(11185-11091 = 94) of area are crucial for up move.

Keeping in mind both side move;

  1. To make up-break out, Nifty should jump OR GAP with heavy volume.
  2. The resistances are working properly if the price reducing faster than normal way.

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