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Friday, October 07, 2016

(1) Nifty Chart & Trading Levels For 07/10/2016 ::


-          Nifty Spot ::
-          Bearish breakdown candle..
-          MSi(My-Charts Sentiment indicator) from 62 to 33, down trend..
-          Short term indicator turn down from middle..
-          Overall momentum bearish as far as Nifty spot stay below 8734..
-          Watch important resistance 8734/739, & Support 8680/8663..
-          In between intraday trading On 7th Oct. above 8739 buy with stop-loss 8734, Up to 8734 sell with strictly stop-loss 8739..
-          Resistance for up move 8734/8739/8762/8776..

-          Supports at 8680/8663/8656/8642..

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