(1) Nifty & MSi Chart & Levels For 01/08/2014 ::

Nifty::

- Bearish insider day candle..( unable to break strong resistance 7800 3^rd time)

- MSi turn down from resistance..

- Short term indicator down trend..

- Overall short term momentum bearish..

- In intraday treading on 1^st Aug. Wait & Watch important support 7707/7680.. Below 7707 sell with stop-loss 7722 (& revise stop below 7680 as 7707..)

- Resistance for up move at 7745/7770/7785..

- Supports at 7707/7680/7656/7644/7631/7600.. 

(1) Nifty & MSi Chart & Levels For 31/07/2014 ::

Nifty ::
- Piercing Line bullish candle..
- MSi up trend..
- Short term indicator down..
- Above 7788 up, below 7788 Down
- Resistance 7800/7814/7820/7840/7848..
- Supports 7763/7749/7728/7716...

(1) Nifty & MSi Chart & Levels For 30/07/2014 ::

Nifty::

- Long bearish 2^nd candle.

- MSi slightly turn up from low..

- Short term indicator turn down from overbought zone..

- Overall short term momentum bearish as far as Nifty stay below 7800..

- Be careful on future and option expire week..

- In intraday treading on 30^th July. Wait & Watch important level 7758, Above 7758 momentum seems up for buy with stop-loss 7743.. Up to 7758 sell with small and strictly stop-loss 7758..

- Resistance for up move at 7758/7772/7790/7820..

- Supports at 7725/7718/7706..( 7690 to 7680 strong support zone)

(1) Nifty & MSi Chart & Levels For 28/07/2014 ::

Nifty::

- After 9^th higher high correct sharp as per Friday post, made Bearish Three Line Strike candle pattern. Look for lower open to conform pattern..

- MSi in down trend, heading towards multiple bottom..

- Short term indicator turn down from overbought zone..

- Overall short term momentum turn bearish, as far as Nifty stay below 7835/7840..

- In intraday treading on 28^th July. Wait & Watch important level 7790/7783.. If open below 7790 & break 7783 then sell with stop-loss 7800..

- Resistance for up move at 7800/7819/7835..

- Supports at 7762/7748/7739/7718..

(1) Nifty & MSi Chart & Levels For 25/07/2014 ::

Nifty::

- Bullish breakout candle close at all time high, WITH 8^TH HIGHER HIGH AND OVERBOUGHT INDICATOR, Advance/Decline ratio not good from last 4 day’s ( Risky sing in manipulated all time high)

- MSi in up trend..

- Short term indicator in overbought zone..

- Overall manipulated move up, as far as hold 7790, but risky at higher level..

- Avoid buy at high..

- In intraday treading on 25^th July. Watch resistance 7850/7862 & Supports 7810/7790.. Below 7810/7790 sell for small with stop-loss 7826/7810..OR IF FACE resistance near 7850/7862 then ONLY sell at high with stop-loss 7874..

- Resistance for up move at 7850/7862/7874/7889..

- Supports at 7810/7790/7772..

(1) Nifty & MSi Chart & Levels For 24/07/2014 ::

Nifty::

- White Doji with White Doji Star reversal possible top formation candle pattern..( Conformation required)

- MSi at resistance.

- Short term indicator in overbought zone..

- Overall short term momentum confusing. (Risky at high) ..

- Avoid buy at high..

- In intraday treading on 24^th July. Wait & Watch important level 7800, above 7800/7809 momentum seems up, below 7800 down.. Watch support 7778, below it sell with strictly stop-loss 7800..

- Resistance for up move at 7809/7826/7834/7844..

- Supports at 7778/7765/7749/7727/7704..