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Monday, October 24, 2016

(2) Nifty Chart & Trading Levels For 24/10/2016 ::


-          Nifty Spot ::
-          Bearish Engulfing candle pattern with hammer candle, close exactly above strong support zone..
-          MSi(My-Charts Sentiment indicator) slightly turn down from 68 to 62..
-          Short term indicator in middle..
-          Overall short term momentum sideways.
-          On 24th Oct. Watch important support 8685/8658..Turns weak only below 8636..
-          In intraday trading, Below 8685 sell stop-loss 8697… Above 8697 buy with stop-loss 8685..
-          Resistance for up move at 8710/8724/8745…

-          Supports at 8675/8661/8640…

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