Tuesday, December 16, 2014

Dec'14 Nifty Update

NIFTY SPOT  face RESISTANCE at 8235 and its SUPPORT is around 8159


Yesterday  I told you about RESISTANCE 8275 and SUPPORT 8259. NF made a HIGH 8288  a low 8230.05. Friends I exit from NIFTY POSITIONAL at 8275. My  CALLS on NIFTY FUTURE not works well. Still I work hard to present you best CALLS from my end.


Today NF face resistance around 8280 and its support 8237. These LEVELS are for INTRADAY PLAYER.  

SHORT 8280 STOP LOSS 8303 TARGET 8218

IF NF open GAP DOWN, then follow these LEVELS:

SHORT 8257 STOP LOSS 8280 TARGET 8196

A strong Bearish trend Started whose bottom may be 7700 or 7600.


Yesterday  I told you about RESISTANCE 18486 and SUPPORT 18322. BNF made a HIGH 18559 and  a low 18295.50. Friends You may exit from positional BNF (if any one). I personally not trade in BNF.

Today BNF face resistance around 18534 and its support 18320.

LEVELS are for INTRADAY

SHORT 18533 STOP LOSS 18610 TARGET 18394

IF BNF open GAP DOWN, then follow these LEVELS:

SHORT 18489 STOP LOSS 18565 TARGET 18350

NOTE that SHORT BANK NIFTY ON EVERY RISE WITH STRONG RESISTANCE 18762 .

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