Short Nifty at 5279 Level
Long Nifty at 5247 Level
(prior get confirmation from crossover chart for trend reversals)
Nifty above 5295 can be considered safe for taking long position for 5310/5315/5328,if nifty hold with volume.Take Short position below 5231,to achieve 5212/5180
Short BankNifty at 9223 Level
Long Bank Nifty at 9163 Level
(prior get confirmation from crossover chart for trend reversals)
Bank Nifty can hurdle upto 9203/9213/9223 levels .If It hold those level with High volumme ,then a move to 9300 can be seen.If Bank Nifty breaks the 9143 levels ,then 9133/9093 are on the card .
Nifty future important levels for Friday, 8th January:
R3 5354 R2 5328 R1 5296 PP 5270 S1 5238 S2 5212 S3 5180
Bank Nifty future important levels for Friday, 8th January:
R3 9361 R2 9311 R1 9252 PP 9202 S1 9143 S2 9093 S3 9034
Nifty Camarilla Levels for Friday, 8th January:
H4 5295 H3 5279 H2 5274 H1 5268 L1 5258 L2 5252 L3 5247 L4 5231
Bank Nifty Camarilla Levels for Friday, 8th January:
H4 9253 H3 9223 H2 9213 H1 9203 L1 9183 L2 9173 L3 9163 L4 9133
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
No comments:
Post a Comment