My Nifty Views/Trades

ajeetsingh

Well-Known Member
#1
This week's trend decider levels for Nifty are 8925 & 8675
Today Nifty is facing Resistances @ 8860 & 8875
if it stays above 8875 and volumes are with it, then will move up to 8900
Thereafter I see a huuuuge rally………

Today’s supports are @ levels of 8825 & 8810
If Nifty stays below 8810………….then next support is @ 8775
****************************************************

This week BankNifty's trend decider are levels of 19650 & 18800
but today BankNifty is facing resistances @ 19490 & 19575
If it crosses 19575………..Then i think it will check 19700+
Today’s supports are @ 19360 & 19250

Happy Trading !!!
 

ajeetsingh

Well-Known Member
#2
yesterday I shorted BankNifty @ 19470 and booked @ 19410
and shorted Nifty @ 8855 and booked 8840
**********************************
PSU Banks will again create selling pressure on BankNifty……
Today BankNifty is facing resistances @ 19375 & 19500
If it stays above 19500…then will move upto 18680…….
But higher level is still a caution for traders…..
Today supports are @ 19150 & 19000.
***********************************
Today Nifty is facing resistances @ 8865 & 8890
If crosses 8890 with support from volume……….Then will move upto 8925+
But again I say higher levels are a caution!!!!…………
Nifty's Crucial level is around 8925-8940
Suppose it closes above 8925 and continue for 3 days and week's close is also up then ultimate Target is 9250++
Today’s supports are @ 8825 & 8800
 

ajeetsingh

Well-Known Member
#3
yesterday sold banknifty @ 19350 and covered @ 19290
bought nifty @ 8830 and booked 8845 then sold @ 8881 and covered @ 8866
**************************************
Today Banknifty is facing Resistances @ 19450 & 19550
If crosses 19550………..then will move upto 19680
Higher level is still a caution!!!
Today Supports are @ 19300 & 19200
**************************************
Nifty's main hurdle level is 8925 to 8940
if it stays above 8940 for 15 minutes……….then I expect a rally upto 9000
Today Nifty has supports @ 8880 & 8865
If it stays below 8865……..then next minor support is at 8835
**************************************
>>>All levels posted are of spot, I trade in future when stated level breached on spot
 

ajeetsingh

Well-Known Member
#4
On thursday, bought Banknifty @ 19310 and hit SL of 40 points
sold Nifty @ 8855 booked @ 8835
************************
on friday Bank stocks had shown good strength!!
Today Banknifty is facing resistance @ 19200 & 19350
Higher levels are still a concern for me!!!
Today supports are @ 19000 & 18850
At lower level I will look for a buy with tight sl
************************
This week trend decider for NIFTY are 9030 & 8750
I expect a volatile week ahead……..
so do take care of your Positions !!!
Today Nifty is facing resistances @ 8875 & 8900
if it stays above 8900 with full support from volumes then can move upto 8950!!!
Today supports are @ 8825 & 8800
If it stays below 8800 then a panic selling is expected upto 8775-8765
***********************
Updation of trades @ 14:15:
Sold banknifty @ 19180, covered @ 19120
Sold nifty @ 8795, covered @ 8772
 
Last edited:

ajeetsingh

Well-Known Member
#5
I would like to repeat same Mantra……….
Trend is Mixed with selling pressure at higher levels
coming 3 days are very crucial for market
we will see huge volatility
If budget is good then Nifty will touch 9300 mark
If worst then Nifty will see recent low of 8300
Today Nifty is facing resistances @ 8795 & 8825
if it stays above 8825 then short covering is expected up to 8875
Higher level is still cautious for me!!!
Suppose if does not breaks 8825 and trades below 8765 then will slide to support of 8725
after this panic selling is expected up to 8675
*************************
Today BankNifty has resistances @ 18975 & 19100
Thereafter final move is upto 19250
Again if higher level comes then there is bright chance to sell with tight SL
Today’s supports are @ 18800 & 18700
*************************
All above are my personal views.
Market is supreme and may/may not behave on these hypothetical levels as expected.
Do your own study before trading
*************************
Trades update (21:40):
Bought Nifty @ 8830 hit SL @ 8820
Sold bankNifty @ 18950 and booked @ 18820
 
Last edited:

ajeetsingh

Well-Known Member
#6
Today is day for railway Budget & Feb series expiring day……
so we can see huge volatility
Today Nifty is considering resistances @ 8795 & 8825
If it stays above 8825 for 15 mins………
Then shoot up is its destiny!!!
Today supports for Nifty are @ 8760 & 8740
If it stays below 8740………
Then I think it will slide up to 8710
after this Vertical fall is expected up to 8670-8650
**********************
Today BankNifty is facing resistances @ 18850 & 18950
Thereafter it will check 19100……
But again I will look for sell @ higher level!!!!
Today supports are @ 18700 & 18620
Thereafter we'll see panic selling upto 18450
**********************
All above are my personal views.
Market is supreme and may/may not behave on these hypothetical levels as expected.
Do your own study before trading
**********************
Trades (15:13)
shorted nifty @ 8730 covered @ 8710
again shorted 8700 and covered 8675
shorted Banknifty @ 18650 covered @ 18550
 
Last edited:

ajeetsingh

Well-Known Member
#7
Today Nifty is facing resistances @ 8760 & 8795
if it stays above 8795………..then a rally is expected up to 8830-8835
Today supports are @ 8720 & 8700
If it stays below 8700…….then I see a panic selling upto 8655
*************************
Today Banknifty is facing resistances @ 18760 & 18850
If it stays above 18850……….then will move upto 18920
Higher level is still a concern for me!!!
Today supports are @ 18550 & 18475
*************************
All above are my personal views.
Market is supreme and may/may not behave on these hypothetical levels as expected.
Do your own study before trading
**************************
Trades update(12.06):
Nifty hit low of 8717 and support is @ 8720 so a simple crossover will work
I bought @ 8728 and booked @ 8755 i.e before resistance with tsl @ 8745
no trades in banknifty as it doesn't touched support n no crossover below resistance
(13.07)
Missed decent buy in banknifty above 18850 and trgt @ 18920 although up crossover was there!
(13.55)
bought nifty again @ 8800 and booked 8825
 
Last edited:

ajeetsingh

Well-Known Member
#8


**************************
Today BankNifty has resistances @ 19350 & 19500
if crosses 19500……..then will shoot upto 19700++
Today supports are @ 19100 & 18950
after this a panic selling is expected!!!
*************************
Huge Volatile Day for Nifty
If good Budget then Nifty will move to 9300-9400 for this series (35%)
If Normal then Nifty will move to 8700-9000 (50%)
If Worst Budget then Nifty will move to 8300-8200 (15%)
Its better to away or can do after Budget speech
so far technical is concerned
Nifty is considering resistance & Trend line connecting at 8940 & 8975
if it stays above this level with volume then will move upto 9050
After budget if it stays above 9000 mark then sharp Rally is expected!!!
if it stays below 8850(after budget)
then panic selling is on card upto 8790 & 8700
**************************
I wont trade today
**************************
All above are my personal views.
Market is supreme and may/may not behave on these hypothetical levels as expected.
Do your own study before trading
 
Last edited:

Roxx

New Member
#9


**************************
Today BankNifty has resistances @ 19350 & 19500
if crosses 19500……..then will shoot upto 19700++
Today supports are @ 19100 & 18950
after this a panic selling is expected!!!
*************************
Huge Volatile Day for Nifty
If good Budget then Nifty will move to 9300-9400 for this series (35%)
If Normal then Nifty will move to 8700-9000 (50%)
If Worst Budget then Nifty will move to 8300-8200 (15%)
Its better to away or can do after Budget speech
so far technical is concerned
Nifty is considering resistance & Trend line connecting at 8940 & 8975
if it stays above this level with volume then will move upto 9050
After budget if it stays above 9000 mark then sharp Rally is expected!!!
if it stays below 8850(after budget)
then panic selling is on card upto 8790 & 8700
**************************
I wont trade today
**************************
All above are my personal views.
Market is supreme and may/may not behave on these hypothetical levels as expected.
Do your own study before trading
Nice post.
 

Similar threads