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Thursday, January 05, 2017

(2) Nifty & Bank Nifty Levels For 05/01/2010 ::


-          Nifty Spot ::
-          Bearish insider day candle with average volume..(Extreme sideways, Be careful)..
-          MSi ( My-Charts Sentiment indicator) down from 73 to 70..
-          Short term indicator at overbought zone..
-          Stuck with levels, use strictly stop-loss any side..(Ready for breakout or breakdown any time)..
-          In intraday trading on 5th Jan. Watch strong resistance zone from 8219 to 8258.. In between for small swing.. Above 8193 buy with stop-loss 8187.. Below 8187 sell with stop-loss 8192..
-          Resistance for up move at 8210/8219/8242/8258..
-          Supports at 8178/8170/8160/8136..
-          Bank Nifty Spot ::
-          Breakdown level & strong support 17829
-          Resistance 17960/18013/18098/18140..

-          Supports at 17829/17768/17737/17686..

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