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Monday, January 16, 2017

(2) Nifty & Bank Nifty IntraDay Levels For 16/01/2017 ::


-          Nifty Spot ::
-         Exactly face resistance as per our Friday post, made long bearish candle with average high volume..
-          MSi (My-Charts Sentiment indicator) down from 57 to 41..
-          Short term indicator in overbought zone..
-          Overall short term momentum slightly turn bearish..
-          In intraday trading on 16th Jan. Below 8393 sell with stop-loss 8406, Above 8406 buy with stop-loss 8393..
-          Resistance for up move at 8427/8448/8461/8481..
-          Supports at 8373/8352/8339/8318..
-          Bank Nifty Spot ::
-          Below 18900 sell with stop-loss 18925..
-          Above 18925 buy with stop-loss 18900..
-          Resistance for up move 18964/19005/19030/19070..

-          Supports at 18860/18818/18793/18753..

Posted by MY CHART at 1/16/2017 12:52:00 AM

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