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Nifty Monthly Long above 5784(HEMA) and 5438 (LEMA) (TREND DOWN BELOW 5606)
Nifty Weekly Long above 5574(HEMA) and 5447 (LEMA) (TREND DOWN BELOW 5516)
Nifty Daily Long above 5525(HEMA) and 5447 (LEMA) (TREND DOWN BELOW 5503)
Only a close above 5520 =>should be used to take long position
Only a close below 5480 /5470 =>should be used to take short position
Weekly Trend down below 5516
Daily Trend down below 5503
Strong Support -(5480 to 5490)
Strong Resistance -(5535 to 5555) / (5590-5608)
As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile show nifty onwards journey may face resistance @5488-5500
and Support @5448
Nifty JNSAR
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Nifty Weekly JNSAR 5555
Nifty Daily JNSAR 5507
http://perfecttradingsystem.blogspot.com/
Nifty Aggressive Trading
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Range 22 min 5425 max 5475
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/
Bank Nifty Conservative Trading
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Bank Nifty Monthly Long above 11546(HEMA) and 10636 (LEMA) (TREND DOWN BELOW 11081)
Bank Nifty Weekly Long above 10980(HEMA) and 10654 (LEMA) (TREND DOWN BELOW 10828)
Bank Nifty Daily Long above 10827(HEMA) and 10698 (LEMA) (TREND DOWN BELOW 10775)
Only a close above 10828 =>should be used to take long position
Volume profile show bank nifty onwards journey may face resistance @10750-10773 and Support @10627
Bank Nifty Aggressive Trading
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Range 77 min
10,548.87 max 10,703.13
STOP LOSS 30 points only.
http://perfectbreakout.blogspot.com/
BANK Nifty JNSAR
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Bank Nifty Weekly JNSAR 10948
BAnk Nifty Daily JNSAR 10780
http://perfecttradingsystem.blogspot.com/
