(2) Nifty & Bank Nifty Trading Levels For 06/01/2017 ::

-          Nifty Spot ::

-          Bullish breakout, 2^nd open bullish Gap up candle, just close below last high..

-          MSi( My-Charts Sentiment indicator) Up from 70 to 84..(Overbought)..

-          Short term indicator in overbought zone..

-          Overall momentum bullish but near to resistance zone..(Strong resistance 8304/8329)

-          Again and again we repeat, in manipulated market, stuck with levels with strictly stop-loss..

-          In intraday trading on 6^th Jan. Above 8278 buy stop-loss 8269.. Below 8269 sell with stop-loss 8278..(Turn bearish only below 8245)

-          Resistance for up move at 8292/8304/8314/8329..

-          Supports at 8255/8245/8233/8224..

-          Bank Nifty Spot::

-          Strong resistance, breakout level 18240/18250..

-          Below 18100 sell stop-loss 18138..

-          Above 18138 buy stop-loss 18100..

-          Resistance for up move at 18173/18217/18240/18250..

-          Supports at 18058/18015/17987/17943..